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Strategies & Market Trends : Asia Forum

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To: MikeM54321 who wrote (3645)5/17/1998 5:32:00 PM
From: Stitch  Read Replies (3) of 9980
 
Mike,

My impression is that the average Japanese citizen has always been a saver, and that one reason for it is that there is a dearth of company sponsored retirement packages such as 401K, profit sharing, and social security packages. In fact, I am told that if we account for those forms of saving in the U.S. the difference is not all that great but I have no facts to support this. Anyone?
Best,
Stitch
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