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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?


To: Aaron Cooperband who wrote (799)3/26/1998 9:56:00 PM
From: Machaon  Read Replies (1) | Respond to of 3902
 
<< the pain is both hidden from the average citizen and postponed to the future. >>

The citizens need to wake up and get new and effective leadership in Japan.

In this world economy, Japan will be forced to cut income taxes. They have no choice. It seems to be what the investment world demands. The longer they sway back and forth, while their banking system is going the way of the Titanic, the worse it is going to look for them.

I think that they are stalling, hoping to get past elections before the citizens wake up and really understand the economic disaster the the current leadership has wrought.

Regards, Bob