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Strategies & Market Trends : Asia Forum
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To: Zeev Hed who wrote (4887)6/27/1998 5:10:00 PM
From: Michael Sphar  Read Replies (1) of 9980
 
Much of the great economic growth that occurred in Japan can be attributed to the US baby boomer society. But the boomers are aging. They may no longer be seeking to buy newer better stereos, tvs, motorcycles and cars with the same impassioned frenzy of the past. They are perceptively shifting focus to longer term financial vehicles to see themselves through their retirement years. It may take longer this time to achieve the export income goals of Japan, Inc, especially in light of this and the fact that another large portion of their export market has devalued its currencies and can no longer afford the products of Japan as easily as in the past.
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