Comments on: Financial squeeze holding greater currency in Japan

By: CJ from Guam

CJ from Guam — Fri, 09 Jan 2009 05:36:40 +0000

Unfortunately this is going to be the sign of the times really for the time being. The Japanese have impacted Guam also by not coming to holiday in the tropical paradise, even though the Yen is strong. It goes to the sentiment of the Japanese people who, I beleive, think that even with a bargain vacation on Guam, they think that their situation is going to get far worse real soon. That is the real scary part!

By: lauro silva Brazil

lauro silva Brazil — Thu, 08 Jan 2009 22:14:56 +0000

Really that economic situation in Japan makes it quite difficult to imagine any way out of the current crisis taking into account the very strong yen along with a plunging tourism activity. On top of that it gets worse when you have too many people living in a so small area. In case this international crisis goes much further, economy in Japan will have to adopt an opposite economic procedure to that one ocurred in the poor european countries when euro came to stay.That means all properties,such as cash, stock,real estate that may cover the liability of Japan have to suffer gradual devaluation aiming at a balance in currency with other countries. The present difficult economic situation in Japan is a consequence of a pure generalized speculation over the last 20 years Otherwise dear Kyung Lah you will continue hearing not only ´´Mon dieu´´but also ´´Goddamn that´s extremely expensive!- Mein Gott, das ist zu teuer!- Dio mio che caro è questo!- Caramba que caro!-! Dios que caro es eso! Τι ακριβό είναι αυτό! etc etc.

By: sandra

sandra — Thu, 08 Jan 2009 19:43:29 +0000

China is were it is at. Even in this tough world economy China still anticipates an economic growth of 8% to 9% in 2009. The trick is understanding the nuances of Chinese business culture, making the difference between success and failure. I highly recommend On the Frontlines: Doing Business in China DVD series – http://www.chinadoingbusiness.com to gain insightful access to business leaders and politicians working and living in China.

By: earle,florida

earle,florida — Thu, 08 Jan 2009 18:45:48 +0000

This really baffles me how a country with so many superior products,quality control,fanastic management/with humble compensation,be taken to the back of the barn for a lashing! The best of the best has to lower it's standards,is unexceptible, but a painful reality for their future,..they can't even win by losing!

By: Paul Harris

Paul Harris — Thu, 08 Jan 2009 18:10:54 +0000

Wouldn't this be the perfect time for America to ship all their unsold 'American' cars to Japan. Make driving an American car the new fashion trend in Tokyo!! Don't forget that's how Japan dominated the American market. What about 'Apple' etc., etc., come on America move it!