Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : At a bottom now for gold? -- Ignore unavailable to you. Want to Upgrade?

To: Ahda who wrote (1229)	6/24/1998 2:34:00 PM
From: ahhaha	Read Replies (2) \| Respond to of 1911

Japan is creating another smokescreen. Bridge banks and consolidations won't change what counts. What counts is competitive efficiency, not bean counting. After all the latest smoke clears, the same problem will exist. A big bank created from mergers which has the function of meting out punishment won't accomplish much. So names change on effective ownership. That doesn't give anyone more incentive to strive to excel. I wasn't saying capital should be dumped, I said currency should be. There is a profound difference between the two. Currency and stimulating monetary policy would only give Japan a realistic opportunity to increase their efficiency and change their predilection for neo-mercantilism. Japan also needs domestic policy changes not related to the banking system. They can't start addressing that though unless they become willing to learn from their neighbors. That would start through changed trading policy.