Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Seeker of Truth who wrote (106098)	6/2/2001 8:21:57 AM
From: marginmike	Read Replies (3) \| Respond to of 436258

If you wrote that 12 years ago and took out Japan and replaced it with USa it would almost be 100% acurate of America in the 80's 90's. Things change, that is inevitable, the Japenese are where we were 10 years ago. The Japenese industrialized their nation in less then 40 years they are a capable society, almost as capable as America. I wouldnt count them out. They are still at the center of the greatest developing market in the world. Its amazing to me that people continually count the Japenese out, and how the Chinese and Koreans will eat their lunch. It just not going to happen. The japs will be back, the seeds are already there.

To: Seeker of Truth who wrote (106098)	6/4/2001 3:27:23 PM
From: pater tenebrarum	Respond to of 436258

i'm not disagreeing that there is a festering crisis...merely pointing out that for ordinary Japanese, the deflation has brought about some surprising benefits. the crisis is mainly one of the financial system - the manufacturing sector has by and large already adapted, and slashed its formerly huge debt load. admittedly though the financial system crisis is far from resolved, and the shake-out will likely be very painful, and not only for Japan. when things come to a head (which they likely will soon) the consequences will be felt around the world. here is an interesting paper on the situation: iie.com