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


To: Z268 who wrote (6898)10/4/1998 2:42:00 PM
From: Zeev Hed  Read Replies (3) | Respond to of 9980
 
Stephen, I think you underestimate the "community first" sense of the Japanese, and their deep respect for the "communal good". That is exactly why I say that an appropriate advertising campaign is what could revive domestic demand. Japan is doomed if it think it can ask the rest of the world to be a "comsumer society" for all the consumer goods they produce.

As for the psyche, look at what happened in Korea when people were asked to melt their gold. Within a quarter more than 250 tonnes of gold were delivered to the central bank.

Zeev