The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (18180)	3/4/2009 8:19:50 PM
From: Hawkmoon	Read Replies (1) of 71475

I've been to Tokyo. It looks at least 50 years ahead of the US. It should. Japan went through it's baby boom 10 years earlier than we did and when they rebuilt after WWII, they weren't burdened with as much "legacy" technology as we were. We got fat and happy and ignored Deming's TQM ideas and the Japanese listened. But don't believe that Japan isn't full of lies as well.. They have the highest National debt to GDP of ANY developed country (like 180% of annual GDP). Also, 1 in 4 of their population is soon approaching retirement and they have no replacement population and they're not keen on immigration. This means they have a declining tax base combined with retirees withdrawing pension/savings. Japan is slowly DYING.. My GF is Japanese and has lived in the states since 2002 working. She doesn't want to go back because she knows there's nothing there for her. There government doesn't have the ability to spur internal economic growth. Hawk

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