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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (15411)2/3/1998 11:34:00 PM
From: JMD  Respond to of 70976
 
GM, I would never have even considered "throwing in the towel" on Japan either, but you are not the first to have thought the unthinkable. 2/2/98 issue of Barron's Roundtable discussion has Barton Biggs, Chairman of Morgan Stanley, suggesting the possibility that Japan will "become the Italy of Asia". I have such enormous respect for so many elements of Japanese culture, philosophy, art, literature, not to mention incredible manufacturing prowess, that the notion that this great country may have gotten itself into a box that it can't get itself out of is just beyond me. Yet the evidence is stacking up, and the economic consequences are not comforting for the rest of the world. Mike Doyle



To: Gottfried who wrote (15411)2/4/1998 3:22:00 AM
From: John Stichnoth  Respond to of 70976
 
GM, When I was working in Japan I used to say they were a generation behind the US. I was referring to the comfort felt by the companies (remember the complacency of US companies in the '60's?), and the attitude of the younger generation (remember the '60's?!). How much different is the situation in Japan from the US's low morale stage in the early 80's?

just a thought.
js


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