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To: Think4Yourself who wrote (170414)12/10/2008 10:09:31 PM
From: James HuttonRead Replies (1) | Respond to of 306849
 
"Their government is a lot more practical and intelligent than ours. They recognize what is in their national interests."

But the Japanese government has been rightly criticized over the past 18 years by keeping losing companies with horrible balance sheets unnecessarily alive.



To: Think4Yourself who wrote (170414)12/10/2008 10:30:24 PM
From: Jim McMannisRespond to of 306849
 
"McDonalds is almost always hiring"

Manufacturing jobs...hoe yeAH.

Hey I have a question, If the Japanese government subsidises their auto cos. how do they keep labor and management costs from ballooning? They have unions that strike?



To: Think4Yourself who wrote (170414)12/10/2008 10:41:25 PM
From: tejekRead Replies (2) | Respond to of 306849
 
Toyota could do that if they wanted to. They are subsidized by the Japanese government. Their government is a lot more practical and intelligent than ours. They recognize what is in their national interests.

Do you have a link? I've heard the Japanese gov't subsidizes TM but I've never found something that supports that argument.



To: Think4Yourself who wrote (170414)12/11/2008 9:42:16 AM
From: Mike M2Respond to of 306849
 
Japan has maintained a weak yen strategy to boost exports. The US gov't liked it because they funded our deficits.