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Strategies & Market Trends : Asia Forum
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To: Ron Bower who wrote (6362)9/12/1998 7:55:00 PM
From: chirodoc  Read Replies (1) of 9980
 
although i agree that japan is in the dumps
i disagree with your bleak outlook
they still have:
1. great competitive companies
2. hard working dedicated work force

problem is primarily a political one imho
i think if they get obuchi out and someone
like naoto kahn in
there would be a dramatic rebound
in sentiment and the economy
this is like the era
when we had our banks busted during the 70's-80's
and we lacked the political will
to change it
maybe you could liken it to the 30's except
that japan is still an affluent country
with poverty that approaches what we have in our
country during this great expansion
i think that buying japan in 6-12 months will
turn out very proseperous indeed
assuming obuchi hits the highway

curtis
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