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To: Sarmad Y. Hermiz who wrote (120761)3/18/2001 6:49:13 PM
From: Robert Rose  Read Replies (2) | Respond to of 164684
 
the answers to your questions are all readily available in the media, but i will do my best to answer them off the top of my head.....

<is the Japanese economy really larger than all except the US ? >

yup

<How can a country with cramped spaces, an aging population and few natural resources, have
larger production than the more populous countries of Europe, let alone China or India ? >

Can you say "people"?

<Just what do writers mean when they say "2nd largest economy" ? >

gdp, typically.

<It seems to me Japan's economy is irrelevant to anyone outside of Japan.>

To any nation such as the us that imports from them, or china, which exports to and imports from them, it's highly relevant.

Just surprised by these questions.....



To: Sarmad Y. Hermiz who wrote (120761)3/18/2001 8:15:22 PM
From: GST  Read Replies (2) | Respond to of 164684
 
Sarmad: Let me try to put it in perspective: If the Japanese economy grew at 3% per year for two years, the increase additional output would equal one year of China's entire economic output. Have you been to Japan? Do you realize how much intellectual property they own? Do you realize that private Japanese individuals have 10 trillion dollars in cash equivalents? After their bubble they returned to a time honored tradition -- saving money instead of stock speculation. By the way, when people in the U.S. refer to "cash on the sidelines" you should laugh till it hurts. "Cash on the sidelines" is our way of saying "savings", and the idiots assume that people with savings are just waiting for the right moment to take their savings, miniscule as they are in the US, and "put the cash to work" in stock speculation. There is a retarded element out there who believes in this.