>> Maybe my views are naive, but they have been sucking wind for 8 years running and there was never an outpouring of disgust or panic all during this time.<<
MikeM: Imagine that you are a 50 or 60-something Japanese , who has faithfully watched for 8 years as the economy has died and the govt. & cronyists have lied to you and shown their complete lack of trustworthiness and, also, almost total ineptitude to the world.
Your "savings" are sitting in a bank that will , quite possibly, collapse all of a sudden , as the sham accounting and worthless assets are revealed.
You know you can get your money out RIGHT NOW and put it into something much more safe than the local bank. U.S. and European investments are looking pretty good , and at least you can sleep at night.
As markets all over Asia continue to gyrate toward a complete meltdown , the likelihood of things getting better soon for the banks is looking like a dream , not a reality.
Now , just how loyal are you to the cause? |
