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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (59480)	10/29/2012 7:47:56 AM
From: Robin Plunder	Respond to of 219507

It is sad to see Japan having so many intractable problems...I have many Japanese coworkers and in some ways they have a wonderful culture... They have been making many of the same mistakes that have been made in the US and Europe, so not sure we should single them out as 'has beens', although they do need to make some changes. A culture of evasion? certainly they ignored the risks of putting nuclear power plants next to the ocean and in heavy earthquake zones....now there is a ghoulish phantom if there ever was one... from the article, it sounds like they are following an Obama playbook...ie, look to the govt to create jobs, and not only that, in clean energy.....that has worked really well so far for the US...:) "“The new government’s ability to take action is being tested,” he said at a news conference Wednesday. “We will do whatever it takes to achieve this.” The government’s new blueprint for economic growth in the long run is more global in outlook. The government says that it will push to create a free trade zone in Asia by 2020 to leverage the region’s economic growth and that it will make Haneda Airport in Tokyo a 24-hour hub for international flights. Japan also needs to become less reliant on the United States and bolster economic ties in Asia, Mr. Hatoyama said. “Until now, our connection with the United States has been very strong. Naturally, this will continue to be the case in terms of our national security. But for economic growth, it is necessary to look closely at Asia as a new frontier,” Mr. Hatoyama said. The plan envisions creating a $540 billion market for environmentally friendly technology and renewable energy that would employ 1.4 million people. It seeks to create 2.8 million jobs in the health and care-giving sectors to serve Japan’s rapidly aging population. The new strategy calls for efforts to more than triple the number of foreign visitors to Japan to 25 million by 2020 and create new jobs in a bid to support the country’s ailing tourism industry." They might do better just to keep the government out of the economy and let their hardworking, innovative people show what they can do.... rp