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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Don Lloyd who wrote (18744)5/5/2002 10:44:24 PM
From: TobagoJack  Respond to of 74559
 
Hi Don,

Domestic demand not expected to head up anytime soon, demographically speaking ...

asahi.com

... but, predictably, the THEY are concluding that an old and failed solution is ready for another try ...

asahi.com

... as WAT is giving all kinds of excuses for all kinds of actions the world over, in a pop culturish way, from cracking heads in Sinkiang to incursions in Venezuela ...

asahi.com

... all tolerated because help is needed ...

asahi.com

If one reads fast, one would think the editorial is talking about somebody else ...

asahi.com

... "In foreign policy, one-sided thinking is called "unilateralism." It frequently leads to complacency and causes isolation.

I am seriously worried that the one-sided thinking behind Prime Minister Koizumi's political style could lead to the downfall of his administration. (2002.04.30)"

... and so folks are raising questions ...

asahi.com

The world, as usual, and as before, is complicated.

Chugs, Jay



To: Don Lloyd who wrote (18744)5/6/2002 4:20:13 AM
From: Maurice Winn  Respond to of 74559
 
Don, I saw a comment today that Japan has more 70 year olds than 10 year olds. If Japanese are like me, [which they are], they have worked, saved, invested and now enjoy a pretty decent GNP per capita. In their encroaching dotage, they need to produce and buy much less stuff. That's the nature of being old. Therefore their economy shrinks as their population ages and reduces.

Also, the young ones are not as interested in very long hours of hard work which the older generations put in over 50 years to create a super economy with a solid income.

So, I'm not really surprised that Japan's economy is doddering around. Sure, there's some debt to be dealt with and there will be plenty of write-offs. But I don't see why Japanese resting on the oars is such a big deal. That's what we old guys do. Our output drops. Then we do.

There are plenty of Indians and Chinese to man the oars. Not to mention hordes of others around the world.

Mqurice

PS: Edit... I see Jay already linked an article about Japanese demographics and the consequences of an aging and reducing population.