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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: assetlogic who wrote (2849)11/3/2001 2:55:47 AM
From: LTK007  Respond to of 99280
 
<as Japan is having major troubles> japan went into a classic full-bore overeaction.They shifted to a savings obsession---but nonetheless overall the last i heard the average savings in Japan is 100k(that's in dollars) so there is a healthy reservoir of cash out there if Japan can get consumer confidence back.
But it does show that all these years that the Japan stock market was dying the individual was surviving.So the question arises what if the japanese consumers had not turned into a savings cycle and just kept spending and developing more debt after their Bubble commenced to collapse?( my view is this,if the economy is held up by a continuance of non-thrift and continued debt you are facing the greatest danger of all,that being the collapse of the consumer's ability to service debt.If that were to happen,you wouldn't have just low ticker prices.The point being,there are worse things than a Bear Market and perhaps Bear markets are a natural corrective cycle that is really a part of a survival process(and the greater the Bubble the longer the corrective process needed)--just random thoughts ONLY!,nothing more:) Max