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To: IngotWeTrust who wrote (47)11/19/1997 11:46:00 PM
From: Don Green  Respond to of 1756
 
This is a tough situation. The Japanese don't like to spend money..
In the Boom 80's it was like little kids given candy, they traveled the world and spend money foolishly. Never again. They got burned and learned. This will happen to American in a few years.
When I mean spend I mean invest. The Japanese rarely use credit cards always cash... They are a great people with some major weakness.
1. NEVER complain, where America always complain.
2. They appreciate the simple life, and have few demands
3. This si common in all Asia..
Right now American are laughing at Asia becuase they are stilllearning capitailism and made some mistakes, but theyWILL win in the long run...Better mental displine.