STRATEGIC NEWS SERVICE
The most accurate predictive letter in computing and telecommunications,
***SNS*** Asia Letter: March 2009 Asian Technology and the Economic Crisis: A View from Tokyo
Publisher’s Note: Those members who have been following our thinking about Asian economics over the last decade will be very much at home with the complex trends that Scott Foster has documented so well in this perfectly timed Asia Letter. If there are two large global economic questions looming, beyond the G-20’s “regulation vs. stimulation,” they are: What will come of the battle between mercantilist and capitalist economies; and: Will emerging nation economies suffer a deep plunge in GDP? The answers will affect all of us for the next few decades, particularly those in technology-related industries.
The mercantilists, as Scott points out, are in a particularly strange situation: having abused their own consumers, forced their savings, and sacrificed everything for (often-subsidized) exports, they now suddenly are thrown upon domestic markets, with exports in a dive, and without a new model to replace the old. Translation: parasites need a host.
|
Recent Issuesscott2022-09-20T16:01:24-07:00
SNS: Asia Letter: March 2009 - Asian Technology and the Economic Crisis: A View from Tokyo