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To: Timesink
Re #4

I am afraid that "geniuses" in Wall St. have been thinking that they are above the failings of Japanese. They said it can never happen here. But it is. Here, it is the old-boy/girl-financial-clubs. In Japan, entire bureaucracy helps it along. That could be the main difference. Japan's economy will collapse. Even many Japanese sense that. They basically gave up. They will have truly volatile years ahead before the dust settles. And it won't be the same Japan.

6 posted on 09/02/2002 11:39:33 PM PDT by TigerLikesRooster
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To: TigerLikesRooster
Japan is looking west to China. Throw in with China, or go it alone in Asia. Japans heady glory days are over. In the hi-tech world, only so many people are customers in this world, China has taken over the nuts and bolts business from Japan, earning needed dollars world wide.
7 posted on 09/02/2002 11:47:03 PM PDT by cynicom
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