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


To: Kip518 who wrote (3637)5/16/1998 8:46:00 PM
From: David S.  Respond to of 9980
 
that's why the japanese are so good a miniaturization.



To: Kip518 who wrote (3637)5/16/1998 9:09:00 PM
From: k.ramesh  Read Replies (1) | Respond to of 9980
 
I agree with 'Stuff' and space to keep it theory.George Carlin had a great routine on 'Stuff'. Americans have stuff that generates its own demand like the car needs tires and batteries and the house needs a lawnmower etc. If you have public transport, there goes the demand.
But let me ask, how much of Japan's 100k per family of savings is due to their being hoarders and how much due to demographics, older people - need a ton of financial assets , If so then isn't the US likely to face the same scenario 10 -15 years from now ?
If the Japanese do not consume either due to age, habit or square footage, what about a Marshall Plan for SEA or Former Soviet Union states, India Pak, Africa Latin America, The one catch is how will they repay, which I cannot answer adequately - revalue currencies?
Ramesh.