It's hard to know where the problems end and the blessings begin for Japan. Koizumi has been a disappointment in terms of his willingness to embrace and push forward reform; perhaps some other government would make a difference - Japan had better pray, and the rest of us by extension, that the wait is not too long.
Regards, Ivan
1 posted on
09/03/2002 10:24:18 PM PDT by
MadIvan
To: Dog; Desdemona; texasbluebell; Amelia; nopardons; general_re; dighton; alisasny; Cacique; alfa6; ...
Bump!
2 posted on
09/03/2002 10:24:47 PM PDT by
MadIvan
To: MadIvan
So much for the wonders of central planning....
3 posted on
09/03/2002 10:26:41 PM PDT by
Mulder
To: MadIvan
The governor of Tokyo district spread alarm about the banks by saying yesterday he could move the capital city's £10 billion municipal cash balances out of the biggest Japanese bank, Mizuho Holdings, and deposit them at the US giant Citibank.
And what will CitiBank do with the money?
To: MadIvan
bump
6 posted on
09/03/2002 10:35:45 PM PDT by
Red Jones
To: MadIvan
Here's some cheery news from Yahoo Finance:
Japan-Nikkei 225 1:13am 9,013.83 -202.17 -2.19%
Let the good times roll. Our markets won't be dull this week, especially if the volume continues to be so thin.
To: MadIvan
It still amazes me to no end, how KKKlinton jumped ship at PRECISELY the right moment. Not having to answer for the smoke and mirror economy of the late 90's.
14 posted on
09/03/2002 10:46:06 PM PDT by
paul544
To: MadIvan
Watch Japan embrace the military solution. It is the next step in the progression. It will work...but it will be awful...and it will upset the world balance of power. It's a shame that they could not rise above the corruption. They had the apple in their hand......and they let it rot. What a shame.....
17 posted on
09/03/2002 10:47:52 PM PDT by
hove
To: MadIvan
This made the front page head lines in this morning's
Japan Times.
The morning session closed down. I haven't seen any updates on what's happening in the afternoon session.
29 posted on
09/03/2002 11:23:16 PM PDT by
altair
To: MadIvan
Already, the government has said it will not guarantee deposits worth more than £75,000, but this ceiling will be lowered further next March.
Well Well Well. If I had more than $75,000 in the bank in Japan I would start buying gold bars with that extra money.
To: MadIvan
Fear not! War is coming to revamp the economy, and kill off a nasty thug. Put your investment money in military contractors.
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