It is the government's policy which made Japan going downhill for 5 years and it can be changed overnight. Asia will recover pretty fast, and continue its prosperity. The basic fundamentals of Asia is not changed, just the stock market. It is just paper money, the productivity, the industry is not changed at all, everything is still the same. Remember, not everyone in Asia is in the stock market, and not everyone in the stock market invest all their
money in the stock market. I would say probably less than 5% of investors in the market lost everything due to this down turn. Those lost everything in the market will still have income from their jobs and maintain the buying power. There will be imported inflaion for Asian countries, but this can be balanced out by salary hike , and companies can earn the money back by exporting more. This is just natural balance. The currency crisis is not the end of
the world for Asian countries. People still have incomes, still buying. |
