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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: tekgk who wrote (10077)12/3/1997 7:24:00 PM
From: John Hunt  Read Replies (1) | Respond to of 18056
 
tekgk,

Interesting article.

I remember some years ago when an official of the Japanese government publicly lectured Americans and Canadians on being lazy and not working hard enough.

Obviously, if THEY had been working half as hard as us, instead of investing in over-priced assets, they would not be in their present state.

Besides, it made me mad enough at the time, that I switched some electronic purchases to other Asian brands.

<<< g >>>

John




To: tekgk who wrote (10077)12/4/1997 4:29:00 PM
From: Lazarus_Long  Respond to of 18056
 
And here's the other end of that Japanese boom.

economist.com.

Yes, it has been awhile since the Japanese lectured us about laziness and their innate superiority. Let us hope we do not follow down the path their economy is blazing.



To: tekgk who wrote (10077)12/4/1997 4:37:00 PM
From: Cynic 2005  Read Replies (1) | Respond to of 18056
 
tek, as smart as most bond traders are, don't they see Japanese intentions to sell every time yield drops below 6%? Either the Japanese will adopt a different tactic or the other bond traders will sell en-masse, (should they see a fundamental justification for that.) I don't think that the Japanese sellers can outsmart the bond traders. For a short while, may be! But not in the long run. IMHO.
-Mohan