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Author: CharlesKao Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1632  
Subject: Re: May Date: 8/21/2007 3:07 PM
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From growing up in Taiwan and noticing similar trades with Japan and similar form of economy it may seem that Japanese imports may get more expensive but in reality many Japense parts go into American products, and also many "Japense" products are actually manufactured in the United States that are for sale in the United States. The big thing I find amazing is that in Japan limited raw resources has almost never limited this countrie's potential. In fact, it has made the induustries in japan more efficient as well as the people. The Japanese strive on quality and will pay top dollar for it and this is noticed in the struggles of Wal-Mart (see Fortune Magazine article). The only thing that could hurt the economy is national pride, which in the past has caused banks to loan on good faith and cause stocks to be overvalued which caused for the great adjustment of the 80s.
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