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Article #2951

Re: The Dangerous Rise of the Japanese Yen

#2951
From: TOMofSNJ
Date: Wed, 13 Jan 1999 00:00
38 lines
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yoshi5679@my-dejanews.com wrote in article
<77ftu3$42j$1@nnrp1.dejanews.com>...
> In article <01be3c9b$d388ade0$f448ccd1@default>,
>   "TOMofSNJ" <tomofsnj@aol.com> wrote:
> 
> (snip..)
> 
> > W.W.II.  Do you think now that the post baby boomers of Japan are
looking
> > to retire that the government of Japan plans on destroying the basic
> > nature of their economy which is exploiting world trade  for their
> > benefit?
> >
> 
> Huh??  exploiting world trade for their benefit??
> 
> Japan exports only 14% of her gross products, which is the second lowest
> in the developed countries, following the U.S.

Japan INC has learned that they do not like Japanese workers either. 
Japan INC is the major owner of many manufacturing facilities in Asia and
Japan INC has also has set up a manufacturing in Mexico.   When you have
an economy as large as Japan, 14 percent is a very big number.  The U.S.
is a major exporter of raw materials while Japan exports manufacture
goods.   You should take in consideration the size of the economies when
you take about how low their percentage happens to be. 
Japan INC has never played fair in world trade and even today when  they
acknowledge that they are dumping Steel they are only willing to state
that someday they will correct the situation.  I would not hold my breath
waiting on them to take corrective action to stop dumping steel .   With
the Clinton trial and the bad feelings, you can count on nothing being
done to stop the steel dumping.  

> 
> -----------== Posted via Deja News, The Discussion Network ==----------
> http://www.dejanews.com/       Search, Read, Discuss, or Start Your Own 
  
> 
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From: "TOMofSNJ" <tomofsnj@aol.com>
Subject: Re: The Dangerous Rise of the Japanese Yen
Date: 1999/01/13
Message-ID: <01be3e8d$de4f4380$894accd1@default>
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