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To: dennisw
Japan is a mono-ethnic nation so has a better chance at protectionism. Meaning they have the intelligence to try and keep jobs at home.

Japan has carried out aggressive protectionism for decades, seeing the economy not as an end in itself, but as an instrument or statement of national power. 'Business is War', and so forth.

Japanese government intervention has certainly 'kept jobs at home': but in so doing they have crushed their own economy and spent/re-hypothecated the money of their own people subjects.

2013 will be the year that the decades-long 'success story' of Japanese protectionism is finally revealed for what it is: a monumental act of socialist hubris that will wipe out the life-savings of everyone in Japan.

33 posted on 01/02/2013 8:52:56 AM PST by agere_contra ("An unjust law ceases to be a law: it becomes an act of violence". Thomas Aquinas)
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To: agere_contra

Keep dreaming. Japan is a great place to live, very low crime, public schools are still good and prosperous despite the propaganda you have heard. Some this propaganda is from the Japanese trying to poor mouth their economic situation so that others are not so envious. Japan would not be this way without protectionism. The Koreans and Chinese are doing great with protectionism.

Like I said. Japan, Taiwan and Korea are hi-IQ nations. They don’t believe in silly Anglo-American BS like free trade with the NAFTA and GATT rubbish we are saddled with today.


34 posted on 01/02/2013 9:58:00 AM PST by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: agere_contra; dennisw; All

Plus Japan does not promote entrepreneurship like this country does..


38 posted on 01/03/2013 5:21:23 AM PST by KevinDavis (And you, be ye fruitful, and multiply; bring forth abundantly in the earth, and multiply therein.)
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