SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (59999)2/5/2005 3:18:05 AM
From: Seeker of Truth  Read Replies (2) of 74559
 
"Slow motion breakdown of the Japanese corporate world." Stratfor's words. Anyway at the moment it's not true because huge orders from China are supporting the Japanese economy. There's no boom but things are not deteriorating.
China -----> low price consumer goods and vegetables ----> Japan.
Japan -----> high price capital goods ----> China
To a moderate but growing extent this diverts both economies away from overdependence on Joe6P in the US.
On the ground, in Japan, people are afraid of engineers of South Korea, China and India possessing the same or superior knowledge to that which Japanese engineers have and working for less pay.
Actually, in the companies that I know, wage costs are being reduced not by lowering salaries to the young people but by getting employees to retire earlier than previously. This replaces a well paid employee by a low paid beginner.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News