I do not think you should hide your head in the snow and talk about world economy on this thread. Just fly to Asia and do a survey on local economy, I bet you will see people still
go to the restaurants, consuming like before. I just came back from Asia. You guys are just
over reacted.
The Japanese problem is 1) corruption
2) The population growth is slowing down, over production ( If you
have two cars already, you do not need to buy the third one for a long time, no matter how low the tax is!!!!)Japan has to dump their over produced products
to the oversea market, especially China and US.
Just take a trip to your local good guys stores, you will see most of the consumer electronic
products came from Japan. In California, when you drive on the high way, you will see
two out of the three cars comming from Japan. So , you are telling me Toyota, Sonny,
NEC, ...etc is about to close their doors ? Are you just trying to make a joke on this thread?
My advice to you is do not hide your head in the sands when talking about the world economy. The scale of the world economy is much larger than you can imagine. Ten years
ago, China is not a large market, and today, China is a very large market , and is almost
as large as US, and in another ten years, it will probably larger than US and Japan as a whole.
The same to India. If you add up China and India together, they will count almost one half
of the world population. If those two country can prosper continuously in the next ten years,why are you so worried about the world economy? If China place order to Boing for
747 to fill the need of its air transportation market, Boing will have problem to deliver
enough airplans to China alone !!!!!!! |
