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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (3276)	4/28/1998 10:34:00 AM
From: see clearly now	Read Replies (2) \| Respond to of 9980

Mohan, it can't get more fundamental than this! _"LET US ALL BE INDIVIDUALS"... signs now apparently placed in all Japanese classrooms this year as reported by Richard Gwyn in a Toronto Star column...trying to "convince the Japanese of the next Generation to behave in an un-Japanese way"..He goes on to say that "the Japanese Fair Trade Commission says that their Country ranks 35th in the world (even behind Russia) in the proportion of its economy that is controlled by bureaucratic regulation ...30% as against 7% in the US"..and its an elderly society which is conservative by nature let alone by custom as has been stated by other observers on this thread... _ Having had experience as a consultant to a major city in Japan I can tell you that the number one problem is that the Bureaurcracy with the complicity of the media control almost everything...it is not yet a Democracy. Far from it! _ This crisis can bring with it the blessings of a more democratic future for the ordinary Japanese people (after the debt has been socialized)..as someone else had also observed it can bring with it he danger of a reaction by the power brokers turning inwards to save face and ???? _ Having said the above some of the Japanese people that I worked with including the younger ones in the bureaurcracy were terrific, smart and creative but locked into a system with little adaptability nor in some cases common sense. _ They are a very decent peaceful people..good for the world, who are in the process of a social paradigm shift and we need to find ways to help! They do have a capacity for great communal will, a strong sense of continuity and a long view! Some strengths, we could benefit/learn from..... It will take time, maybe a generation..not a long time in the history of a people..remembering that those of us involved in specualtive investments have a short view which is of little signifigance really. food for thought...