SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Cogito who wrote (136039)4/7/2010 8:45:33 AM
From: slacker711  Read Replies (1) | Respond to of 541997
 
So if that Japanese time bomb explodes, is that going to be good for the US in your view?

Though I used the word "time bomb", I have no idea how it will ultimately play out. Japan may face a debt crisis or just continue the long slow leak as their population ages, savings rates drop, and their yields eventually push higher.

I dont generally see economics as a zero sum game, so I would rather have a vibrant Japan and Europe. That being said, it has nearly become conventional wisdom that the US dollar will lose its reserve currency status. That makes sense in a vacuum, but I always ask whether the candidates to move up the food chain are in a better position. I see both Japan and Europe facing long-term problems that are far more intractable than what we see in the US. The Chinese are cash rich but face their own demographic problems and it remains to be seen whether they will see political changes down the road as well.

If you are going to be writing articles about some sort of future economic armaggeddon, the US isnt where I would start.

Slacker