Cjhies

Japanese Lesson for U.S.: Demographics Matter a Lot

Very good point concerning the human resourses. But that is only the tip of the iceberg. People can only do so much, they have to have something to start with which would in include natural resoures(land, oil, raw materials). The Nikkei was grossly over valued to a point of almost equaling the value of the US markets. How can a country not even the size of Texas be worth our entire economy??? The main point to learn is the importance of managing your resourses wisely and making use of your relationships. The Japaneese took advantage of China and the rest of Asia until they learned to become capitalist and cut Japan out of the value chain.