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

To: chirodoc who wrote (940)	4/23/1998 1:34:00 AM
From: ahhaha	Read Replies (1) \| Respond to of 3902

1. bankruptcies are good and long overdue. When bankruptcies occur, the Schumpeteran natural effects are being allowed to proceed. We went through all of this in the early '80s with many pointing to the great horror of rising bankruptcies. How did we get so prosperous after that? It's bad when authorities try to bail out poorly operating firms with fiat money. 2. suicide rate is always high in Japan. They're uptight and looking for a cause celebre to commit hara-kiri. 3. unemployment is somewhere near 1/2%. If it rises to 1%, that's double. Reason for major headlines. JAPANESE UNEMPLOYMENT RATE DOUBLES! 4. this has nothing to do with economics and is definitely good. 5. increased talk? This is intangible and probably means the opposite of what you think. 6. Japan doesn't need to borrow from the world. The world has been furiously borrowing from them for 20 years. They have the lion's share of the world's wealth per capita. Remember? They trade goods for our dollars. 7. when you're fat why do you need to be entrepreneurial? Traditionally, Japan has been an efficient imitator, not an effective innovator. Their efficiency necessitates economy of scale,i.e., big companies, not small ones. It isn't a nation of shop keepers with inflationary left wing wage demands. No doubt with lots of wealth around many have tried to do their own thing and found out just like Americans that 1 in 20 ventures succeeds. Since you have provided nothing but pabulum much like the create-a-problem-media, I say there's nothing more and it is absurd to try. As far as the tax cut issue goes, no doubt Voodoo Economics will make them even more prosperous. That is, cutting the wealthiest brackets most. We don't want them to do that. It would undermine our ability to inflate (Do I have to explain that too?). You wouldn't want to take that away from our labor unions who are going to get their due, would you? It doesn't matter what the tax deal is. The people holding the ton of money hope the fools will sell based upon the failure of some tax deal so they can get more shares cheaply.