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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: flickerful who wrote (33333)10/4/1998 7:56:00 AM
From: PaperChase  Read Replies (1) | Respond to of 132070
 
>> Japan's economic-stimulus plans are sufficient, and the government has no intention of coming up with further measures to bring the country out of its worst recession in 50 years<<

Why should anybody in the U.S. be concerned about trying to help/save Japan if they are unwilling to help themselves? This reminds of all those stories where people try to help alcoholics and the counselors say they can't be helped until they want to help themselves.

I think Japan has to live with the consequences of their own inaction. I say let the second biggest economy in the world fall so that someone else can take their place. The counter-argument to my opinion would be that this is absurd because there are heavy financial linkages between Japan and the world and namely Japan's ownership of U.S Treasuries. Perhaps it's time for the linkages to be broken. How many more decades can this situation persist?