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To: pater tenebrarum who wrote (1322)6/28/2000 9:34:00 PM
From: Giordano Bruno  Read Replies (2) | Respond to of 436258
 
LOL, The mind reels - James Smith...

You are a "Japanese SalaryMan" making
a lousy wage but at least you have a guaranteed
position at the company for life. Your wife
is nervous that you are going to get fired
because she rightly figures that if you are
as useless at the company as you are
around the house, you'll be the first to get
the axe. So what does she do? She puts
even more of your savings into the Post
Office even though the current return is
less than 1%. In fact, by socking away
so much money, your wife as well as
every other housewife in Japan, is causing
the Japanese economy to contract.

So when the Nikkei tanks and the economy
spins downward because the idiots at the
BOJ decide "now" is the time to raise
rates (slowing the economy), you do in
fact lose your job. The BOJ quickly
realize that it was about as wise to raise
rates at this juncture as it was for the JPN
govt to raise the consumption tax in 1997,
but the damage is already done. The
Nikkei has gone into a Mexican Swan
Dive. The BOJ quickly announce that no more rate
hikes are planned, but the market doesn't
trust them, and continues to punish the
Nikkei. The BOJ then begin to add
monetary stimulus to the system...quite
aggressively to make up for the stupidity
of their recent rate hike.....and this only
causes the Yen to slide.

Your wife goes to the Post Office to get
her savings, but she can't because
about 100 million other Japanese had
the same idea at the same time. No
one wants to keep their money in Yen
because everyone knows it will become
monopoly money.

Your wife rants at you non-stop and
you are tired of dressing in your suit
and leaving for the office job that
no longer exists to sit on a park bench.

You think about killing yourself, but
you don't have a gun and you don't
like pain. On the way
home you have a heart attack.

Your wife is sorry that you are dead,
but immediately calls the Life Insurance
company to collect on the insurance
plan you had taken out.

The insurance company folded
right before your wife called. Once
again your wife is pissed off at you.
If you had only died a few days earlier
she'd have gotten the life insurance
money. But it turns out that plenty of
other wives' husbands died before
you did, which caused the Life Company
to fold. Call it "negative payout" if it
makes you feels better. She cannot
collect on the insurance until the govt
sorts outs the mess. The govt's
brilliant idea is to saddle any good
Life Insurance companies with the
obligations of the bankrupt ones....
kinda like what they did with the banking
crisis. Mega-mergers to create
a bigger mess.

Because of a near total loss of
confidence in the government, new
elections are called for.

But before the election takes place
an earthquake hits Tokyo.

With the chaos comes opportunity....
for some. Ishihara-san (current Mayor
of Tokyo) manages to seize control
of the govt in what effectively becomes
Marshall Law.

China and the rest of Asia are none
too pleased to see a rabid nationalist
like Ishihara-san in charge of Japan.
Menacing words are exchanged and
a new round military defense spending
in Asia turns into a global arms race.

Your wife feels bad about you dying,
but she truly feels you're the lucky one
to have died before things got really nasty.

And if you are not a Japanese Salaryman,
do you honestly believe you will go unaffected
by these events???

Have a nice day.