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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?
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To: goldsnow who wrote (572)12/16/1997 1:20:00 AM
From: chirodoc  Read Replies (2) of 3902
 
<<<<<"We already revised downwards the projection for Japan to 1.7 percent
(GDP growth) for next year,'' he said.

......that's o.k.--the recession is based on what they did over the last 8 years.

......for the first time they are STARTING to do the right things:
1. set up RTC type trust
2. let a few of the worst banks go under
3. print money
4. deregulate the financial sector
5. cut taxes (not enough but a start)
6. open up some markets
7. increase transparency
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