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To: Earlie who wrote (54968)1/6/2001 11:02:14 AM
From: marginmike  Read Replies (2) | Respond to of 436258
 
Whats intriguing is fundimentally The Japenese manufacturer's are turning a corner. The Mobile phone, PC and Auto makers are finally taking share away from the west. They also have Korea and China two massive markets to sell into. I disagree with many who are long term bearish on the Japs. I think they need to straighten some stuff out. If they do the Nikei will do a US style bull market. I think it will be the place to be next go arround. Do not forget the same things being said about Japan now were being said about the USA in 1990. The S&L crisis would collapse the banks, Manufacturing was done, Quality controll a disaster, High unemployment and poor psychology. The Nikei is in a horendous bear market like the USA was in the 70's. We all know what happened in 82'



To: Earlie who wrote (54968)1/8/2001 10:12:58 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
Earlie it does indeed. the Japanese banking system remains a huge dark cloud on the horizon...and stands as a big reminder as to how asset/credit bubbles ultimately resolve (or don't resolve as it were). i expect the Japanese banking mess to end in a manner not unlike what happened to US banks at the tail end of the '30's depression, with a wave of failures and consolidation. this is in fact necessary to bring the Japanese economy back to a solid footing from whence it can expand once more. they need a clean slate so they can start over.