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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: bond_bubble who wrote (37972)8/6/2005 2:10:21 PM
From: NOW  Respond to of 110194
 
"If a recession were to come full blown in US, Japan will be thrown into depression similar to US. Why? It will not be able to sell anymore higher order goods to China and US. And Japan also does not make too much of lower order goods for the poor countries - that they need/can afford!!! And they have spend all their savings so far!!!! They have no more savings like US!! Japan can not buy oil by selling Japanese bonds within Japan!! It will not be able to sell much goods to foreigners!! So, interest rates in Japan will also increase and they will also have a depression."
Any facts to back these ideas up?> used up all their saving? dependent on export sales? i think Japan has a chance to weather the coming storm better than US