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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: MulhollandDrive who wrote (7301)12/12/2002 4:47:07 PM
From: Wyätt GwyönRead Replies (1) of 306849
 
they're not thinking. Japan is run by a hundred-headed hydra of bureaucrats. the Japanese do not have a real government as we understand the term. this is pretty scary when you consider how much they own in US assets.

stupid real estate investments there are just par for the course. they have trillions of yen in trade surplus which they must recycle each year. one of the outlets for that is crazy construction projects, which ooze over the entire country. one of the reasons why tiny Japan uses more concrete than the United States.

read "Dogs and Demons" if you want to learn how insane their government is. read "Japan's Policy Trap" is you want to get scared about the implications for the US.

the bizarre monster that is today's Japanese govt, and its grotesque symbiotic relationship with the US, is a big reason why i own a fair amount of gold equities.
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