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Re:Interesting...

Posted by: Anonymous Coward on July 17, 2002 10:48 PM
You have got to be kidding...Japan is just now slinking out of its fourth recession in ten years. Moreover the Japanese government just released a report indicating that MITI's efforts to boost industry had been, at best, useless and at worst had kept alive industries that served to siphon off resources from more productive industries. Import substitution policies have been, the world over, failures. That includes the US, Japan, and Europe. If by doing quite well you mean year on year price deflation, a multi trillion yen banking mess, rising unemployment and a sinking stock market then your idea of doing well and the remainder of the universe's idea of doing well are sharply at odds.

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