🚀 go-pugleaf

Michael Vilkin <mikevilkin@hotmail.com> wrote in article
<36983225.2934@hotmail.com>...
> Kei Kashiwabara wrote:
>  (...)
> > > Your point is that there is something wrong with the japanese yen
> > > rising this way. But what you have missed in this argument is
> > > the fact that Japan is still the largest credit country,
> > > which the U.S. owns much.
> 
> > That is greatly shrinking as yen rises.
> > Japan is willing to devalue herself against the US.   This is so
stupid that
> > I understand the rumor(the government supports to hurt its economic
growth)
> 
>  I don't think government of Japan is totally stupid.
> One explanation is that the government intends to increase import.
> Strong yen will buy more import, right?
> Then Japan is doing a smart thing. 

Prior to W.W.II Japan refused to import anything but raw materials.  When
they ran into a trade problem they sent in their army.  After W.W.II the
Japanese refused to import anything but raw materials or items they
intended to knock off.  Are you now saying that they plan on changing
their basic method of doing business when they have entered a deflation
period in their economy.  Do you really think they plan on putting more
Japanese out of work when they continue to have a high rate of
unemployment.   The US Military solved the Japanese retirement system by
leaving hundreds of thousands dead potential retired employees during
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?

I doubt very seriously that they plan on opening up their market unless
someone reminded them that we now have more than two bombs and if that
what it takes so be it.

> 
> Economic growth? Why should Japan produce cheap goods for the U.S.?
> Build big houses for yourself, restaurants, go to party.
> A nice house will increase economic growth more than exported Toyota.
> Try it.
> 
> --Michael Vilkin.
>