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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Yorikke who wrote (5453)1/22/2002 3:39:12 PM
From: Henry Volquardsen  Read Replies (1) | Respond to of 33421
 
Yorikke,

your welcome and not problem re the other, minor misunderstanding on my part.

I regard the problem as quite serious as well and have followed the Japanese economy closely for both professional and personal interest. In some ways it is more serious than the losses due to the war. The losses were greater but in the 40s Japan had a young workforce that could pick up the pieces and work hard to replace the losses. The current Japanese demographic is rapidly aging and there are fewer young workers, percentage wise, to rebuild. Also there is no visible destruction to the economy to give people a focus for sacrifice.

Its going to be a tough problem to solve.