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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?

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To: fut_trade who wrote (1346)8/16/1998 8:23:00 PM
From: Dayuhan  Read Replies (1) of 3902
 
<<China coming on line over the next five years, Japan will not be able to power her way out of this one.>>

Not 100% sure of that one. Definitely China will become a major presence in next 5 years. Definitely Japan has major problems. But China has major problems of its own, many of which are being skipped past or held in check by authoritarian gov't. They will have a reckoning of their own somewhere down the pipe.

And if Japan gets their act together in terms of financial administration, they will find that they still have the basic tools to compete. Yes, the last round of Japanese innovations have been successfully duplicated. Assuming this crisis eventually wakes some people up, who's to say they can't come up with a new round of innovations?

Let's hope...

Steve
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