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

To: limtex who wrote (26322)	2/2/2002 8:48:19 PM
From: Jdaasoc	Respond to of 99280

So Japan will just carry on on unitl 'something' happens. By something I mean something that the Japanese can't do anything about and that triggers something nasty there. For instance a big bank just has to go bust for some reason or some instiution there can't raise money or there is a Coup D'Etat and the army takes over. The only good thing on the entire World horizon is China. Maybe it and Korea can carry on growing and eventually render Japan less relevant to the World economy. Japan in the 70's and 80's accumulated so many dollars from US in exports that they started to buy things like their own real estate, Pebble Beach golf course and Rockerfeller Center at inflated prices with their large fistful of dollars. Most of these investments didn't turn out like like they expected but what could they do otherwise. Soon, China will have the similar financial decisions to be made but their military industrial complex which is their government will not be in an accommodating mood as was Japan.