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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (2452)	6/12/2003 1:13:06 PM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 4907

what would happen if they did something really radical, like announce that they were going to stop trying to fix the economy and let it find its own level. i think that's like asking what would happen if a severe alcoholic stopped drinking. it will be painful to watch as their whole industrial base is set up for exports, but the exports would not be competitive if the JPY was allowed to rise (i.e., if they "stopped trying to fix" things). this would put many manufacturers out of business and probably cause a much severer depression there in RE, etc. it would be tough on the US as well. it seems like there are a lot of these problems which just fester for years because nobody wants to deal with the consequences. North Korea seems to be a big one. apparently cannibalism is a problem. now daytime funerals are outlawed because people will dig up the bodies to eat/sell the meat. of course SK, China, and Japan don't want to deal with a flood of refugees, so maybe they prefer to keep an insane man in power?