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People who need cash will sell at a depressed price. People who have cash will buy from them. The overall optimism for Japan's recovery is likely to be based
by sunchild 16y ago
People who need cash will sell at a depressed price. People who have cash will buy from them. The overall optimism for Japan's recovery is likely to be based on at least some hard facts: Japan is a leading national economy on the world stage, historically a huge producer/innovator, and proved after WWII that they can recover fast and big. Not a bad bet, barring another catastrophe such as earthquake further South, pan-Asian war, etc.
- mey 16y agoDefine fast and big. 7 years of foreign occupation occurred, with all the good and bad that comes with it. http://en.wikipedia.org/wiki/Occupation_of_Japan http://en.wikipedia.org/wiki/Occupation_of_Japan
- sunchild 16y agoI was referring to Japan achieving the 2nd (now 3rd) largest economy within 40 odd years following near total annihilation. Not really interested in debating that point either, in case that's where you're heading...