Monday, March 22, 2010

Tigar in trouble : Is Japan sinking.

It seems that this time east asian tiger Japan is in real big trouble. It is struggling not only with unstable political position but aging economy also. Earnings from overseas were only positive signs economy of japan was getting up till now but quality issues with giants like Toyata has eroded global confidence which japan gained very slowly after humiliating defeat in world war.It looks as if life has taken it's full circle as far as Japan is concerned. With so much physical handicaps & almost nil availability of any raw material in this fragmented piece of islands called Japan there is no dearth of confidence. Still nearly no confidence status is emerging in the investors in Japan. Most of the revival strategies have failed constantly. BOJ, the Bank of japan's bankruptcy was last straw. Global magicians have tried every trick but failed to create any wonder for themselves. Domestic demand is not picking up even after so many stimulus. These artificial pushes made to put a life to the economy has proved fatal. Government is in fix. Large MNCs headed by small heightfinancial mavericks are strangely silent. Economy of Japan is behaving in contrast to other economies of Asia like India,China. Even early revival signs observed in other countries are conspicuously missing here. Japan is having strong history of fighting back in adverse to adverse circumstances or whenever they are cornered. But given the fact that most of the population comprising of old age people the biggest worry is whether Japan will be able to stand on it's own leave aside fighting the competition from traditional rival like aggresive China. Let us hope that Japanese Shoga shosa will prevail over this bitter economic turmoil currently troubling them.Whole World is watching again the famous Japanese style of management so as to learn from them once this fight for their survival is all over. Let it not be another Greek ready to sink already slipping global economic ship. Let it be an example as always for all others to follow & borrow from Japan. With our economies already in ICU at best we can wish is Good luck to Nippons. As we believe Sun always rise from the east. Land of rising sun Japan wake up soon. Sionara.