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Strategies & Market Trends : New US Economy Policy

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To: Arthur Tang who wrote (166)6/15/1998 6:26:00 AM
From: Arthur Tang  Read Replies (1) of 435
 
The new economy and Japan?

Japan is an export country. Which means that their economy has more than 10% exported to other countries. The danger is that you print money to produce products; then exchange to foreign currency which you can not use in your own country. Economy in other country then effects Japanese domestic economy adversely.

The new economy is self sufficiency. Product and services are for higher standard of living for our countrymen. Jobs created are farm, manufacturing and distribution related plus jobs for personal services. Export has to be limited to less than 10% of the new economy so that we do not have wild and wide swings due to foreign demands.

Japanese economy has to be modified to "the new economy" formula to survive their down turn in their domestic economy.
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