Mujahid Gurey and his maverick economical thinlings!
Japan is finished for two reasons:
i) it massively holds american debts...and usa is not faring well; sooner japan will be in the situation of todays european banks which hold greece and italian bonds!
ii) concerning the usa -japanese relation, the debtor is so powerful that if things get serious they can modify the rules of the game at their advantage.
In my opinion the current world economic powers are in the same ship, if one seriously loses the other loses too...a failed america is not even good for china!
B.
barentoo how are ya mate.
maverick, trust me my ideas are normal and common place.
you should learn how to seperate the bullshit from the relevent information.
as for the dollar.
everyone knows that its time has come, RIP dollar.
To replace it would be an international effort of some sort, some kind of basket case of currencies, and commodities like oil and gold.
This is the general direction things are headed , and the details are yet to be negotiated.
The US and the EU to a lesser extent have given up complete power to the financiers , and the financiers like any parasite are not really thinking clearly
they will grow and grow and grow till they kill their hosts, in this case the economies that they have had the most influence in.
and they will be hurting themselves too, host dies, parastite dies..
unless it spread..
and they have spread far and wide, especially in the developing world.
The survivors will be those countries that are strong enough to keep them on a tight leash and have qaurentined their economies while still playing the same game as them.
These countries are Japan, China, India and malaysia..
As for the collapse of the dollar hurting Japan or china.
dont worry about it, everyone has seen this cumming nearly 40 years ago when Nixon floated the Dollar on thin air and tore up what was left of the bretton woods agreement..
Do you seriously believe with 37 years warning that nobody would take measures?
china and Japan will do all they can to keep the US economy on life support, keep it allive untill their Divestment strategies are complete.
When they are satisfied that a crash will not cause long term damage, only cause a little pain here and there, they will pull the plug ..
Dont worry about Japan or China, or any of the countries with their eyes open and are controlled by their own governments they will not only survive but do well in the future,
You should worry about countries that are fully controlled by the financiers, and believe the fairytale neo-liberal economics and "Free Trade"
They will be hit hardest.