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Strategies & Market Trends : Asia Forum

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To: kormac who wrote (7950)2/7/1999 1:43:00 PM
From: Zeev Hed  Read Replies (2) of 9980
 
seppo, I do not agree, a lot of liquid money is scheduled to come out of the postal saving systems later this year and in gusto next year. What the Japanese government must do it to instill faith and confidence in the Japanese system which is rapidly reaching lows not seen since the 1930 in the US. Without confidence, liquidity will be frozen and a deflationary disaster will not avoidable.

What is wrong with those guys, they were able to mobilize a country into a Kamikaze war with the US, but are unable to mobilize their population to save themselves? They need to hire a good public relation person to mount a massive campaign of confidence building. After all, that is politics' main goal, is it not? They should stop this exercise in excogitation and move to actions.

Zeev
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