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I recently also had a similar conversation with a trading buddy about how Japan may be in the direction of being eliminated as a first world country. I can not vision this country blooming in the future.
However, I like to see things positively. Even in the worst and chaotic times for the market there is always an opportunity for traders somewhere. |
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Yes there should be hope for traders.
We get nothing in our news about Asia.
I see the future of Japan and US as important, where they go the rest will follow.
Britain survived the collapse of its industry by turning to commerce and insurance but that does not seem like much of a solution for the rest of the first world. But once you take away manufacturing, thats about what you are left with.
It would be very bad for all of us if Japan slips out of first world any faster than the rest of us.