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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?
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To: chirodoc who wrote (1806)3/24/1999 2:37:00 PM
From: Professor Dotcomm  Read Replies (1) of 3902
 
It's tough enough to prime the pump when the water table has receded. Perhaps a foreign friendly take over of a Japanese bank (even the ashes of the LT Credit bank) would get the wheels turning again if this new bank would go after small Japanese businesses rather than cronyland. Small business in just about any economy in the world is the fastest creator of jobs and is a much more powerful weapon than pumping in new money to the large companies just to maintain the status quo.

Just look at the economies of the US Germany and Japan over the last five years. US downsizing and the emergence of the new small internet companies compares well with the scelerotic structure of the former world champions - Germany and Japan.

dotcomm
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