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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (18180)	3/4/2009 7:41:47 PM
From: SG	Read Replies (1) \| Respond to of 71475

Cut off their oil and they're toast. SG

To: Real Man who wrote (18180)	3/4/2009 8:19:50 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 71475

I've been to Tokyo. It looks at least 50 years ahead of the US. It should. Japan went through it's baby boom 10 years earlier than we did and when they rebuilt after WWII, they weren't burdened with as much "legacy" technology as we were. We got fat and happy and ignored Deming's TQM ideas and the Japanese listened. But don't believe that Japan isn't full of lies as well.. They have the highest National debt to GDP of ANY developed country (like 180% of annual GDP). Also, 1 in 4 of their population is soon approaching retirement and they have no replacement population and they're not keen on immigration. This means they have a declining tax base combined with retirees withdrawing pension/savings. Japan is slowly DYING.. My GF is Japanese and has lived in the states since 2002 working. She doesn't want to go back because she knows there's nothing there for her. There government doesn't have the ability to spur internal economic growth. Hawk

To: Real Man who wrote (18180)	3/4/2009 9:47:18 PM
From: Larry S.	Read Replies (1) \| Respond to of 71475

Vi, Your comments are a bit of shock. I was in Japan several times at important data communication technology standards meetings and have some good friends there. I'm now retired and haven't been there in 15 years but I have kept up with advances to some extent. I meet frequently for lunch with people still involved. Japanese companies competed with us and with Europeans but they were never the leaders. And, I have neither seen nor heard anything that would lead me to believe that we are no longer the leaders, not to the extent when Bell Laboratories was AT&T Bell Labs, but we still lead. Larry