nikosx on 03 February 2012
| Joelcool7 said: Man this sucks. P.S America is making it more difficult for Japan to recover and they won't likely recover again. They will need to adapt unless they can devalue the yen. The American government purposely savotauged Japan. They convinced Japan to inflate the yen. They spent years inflating the yen. But then Americas economy started taking a hit now the yen is way way to strong. The yen continues to be out of control. Now the US is in trouble financially and the Government is taking protectionist actions. Example Obama said he will give American corporations tax breaks and help to employ Americans. He said he will do everything possible to give American products an edge. So how will Nintendo, Sony, Panasonic..etc...etc... recover while the yen is high not to mention America is making it as hard as possible to compete in the US. I think Nintendo will return to profitability and am sure Sony can as well and other Japanese companies. But they won't likely see as high profits as they used to anytime soon. |
Global economy doesn't work that way. If Japan goes down U.S. will be in big trouble too. Therefore the U.S. won't purposely sabotage the Japan economy.
