Comments on: Recession for the Japanese Economy Once Again http://www.dailyreckoning.com.au/recession-japanese-economy/2008/11/24/ An independent perspective on the Australian and global investment markets Sat, 21 Nov 2009 10:39:45 -0600 http://wordpress.org/?v=2.8 hourly 1 By: Greg Atkinson http://www.dailyreckoning.com.au/recession-japanese-economy/2008/11/24/comment-page-1/#comment-53747 Greg Atkinson Tue, 25 Nov 2008 12:12:11 +0000 http://www.dailyreckoning.com.au/?p=4466#comment-53747 Bill, the way things are going you might end up working for the Japanese so be nice :) I have to say you are being a little dramatic when you write "When the sun rose on 2008, the typical Japanese was still in a fetal position" Normally DR turns out some good stuff, but I am afraid this time you have fallen into the old let's rehash the Japan of the 90's stories. Okay so the Japanese have not been getting good investment returns in Japan for a while...that is why they invested overseas. In any case you do not need to get stellar returns in Japan when prices have remained flat for 10 years or so. Let's just see who come out better in 10 years time, the Japanese or the Americans/Europeans. My money is on the Japanese. I hope I am right because I have based myself in Japan! Bill, the way things are going you might end up working for the Japanese so be nice :) I have to say you are being a little dramatic when you write "When the sun rose on 2008, the typical Japanese was still in a fetal position" Normally DR turns out some good stuff, but I am afraid this time you have fallen into the old let's rehash the Japan of the 90's stories.

Okay so the Japanese have not been getting good investment returns in Japan for a while...that is why they invested overseas. In any case you do not need to get stellar returns in Japan when prices have remained flat for 10 years or so.

Let's just see who come out better in 10 years time, the Japanese or the Americans/Europeans. My money is on the Japanese. I hope I am right because I have based myself in Japan!

]]> By: Ross http://www.dailyreckoning.com.au/recession-japanese-economy/2008/11/24/comment-page-1/#comment-53605 Ross Mon, 24 Nov 2008 10:53:09 +0000 http://www.dailyreckoning.com.au/?p=4466#comment-53605 They calculated Tokyo real estate as being worth 1/3 of the land value of the US they before it went puff didn't they? It taught NY's greed team the lesson that balance sheet fraud was where it was at. And now Obama has shown his hand with the credentials of his team being laid out showing them as eing the same as those of Clinton and Bush before him. Obama's a fraud, another slick Willie, and we get the team that baled out the NY banks during the Brasil crisis and more. But the numbers are now too big and the "alien" current account surpluses are shrinking (they will call them "alien" rather than "foreign" just before they roll out the modern day Smoot Hawley to spit in the eye of those that have propped them up as though borrow and spend was all their idea & before they shoot at them or some other evil empire of convenience). Buying the required amount of UST's to balance the bank bale outs even before the CDS net balances wash JP Morgan and the rest down the hole, it won't work, and they will be looking for diversions. All we can do is duck. They calculated Tokyo real estate as being worth 1/3 of the land value of the US they before it went puff didn't they? It taught NY's greed team the lesson that balance sheet fraud was where it was at. And now Obama has shown his hand with the credentials of his team being laid out showing them as eing the same as those of Clinton and Bush before him. Obama's a fraud, another slick Willie, and we get the team that baled out the NY banks during the Brasil crisis and more. But the numbers are now too big and the "alien" current account surpluses are shrinking (they will call them "alien" rather than "foreign" just before they roll out the modern day Smoot Hawley to spit in the eye of those that have propped them up as though borrow and spend was all their idea & before they shoot at them or some other evil empire of convenience). Buying the required amount of UST's to balance the bank bale outs even before the CDS net balances wash JP Morgan and the rest down the hole, it won't work, and they will be looking for diversions. All we can do is duck.

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