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I don't see any quick fix for Japan. Rather than having turned the corner, it appears that Japan's economy isn't going to recover any time soon.
Bob Lynch
It was a remarkably quick turn around with our relationships with Japan. Within two to three years we were rebuilding landing strips at airports that we had bombed a few months before. We forged what has been an enduring alliance with Japan. We went from them going from being one of our bitterest enemies to them being our ally. It was interesting how that was accomplished in almost no time at all.
Bob Wilson
After all the gnashing of teeth about demand destruction, waves of imports, and the build-up in commercial inventories of what were previously strategic stocks, the final result has actually been a tightening for the US and Japan combined. Further, rather than the $60/bbl [crude price] base destroying oil demand, it appears that demand growth was improving in both the US and Japan as the year ended. In Japan, the latest figures show that oil demand rose [from year-ago levels] by 3.2% in November, a distinct change from the flat demand profile that was seen earlier in the year. Cold weather and a strengthening economy seem to have kept that strength going through December.
Paul Horsnell
Japan might have started this thing (selling) off. Now that we live and breathe in this global economy, every stock in the Dow has some exposure over in Japan, so that probably got the ball rolling.
Linda Jay
Japan's economy is finally ready to fulfill its longer term high-growth potential. Japan is evolving into a reliable Pacific powerhouse.
Jesper Koll
These are the symbols of the old Japan which was closed to outsiders, ... They will continue to be serious irritants. ... Unless Japan solves these problems, it gives a lie to the claim that Japan is being market driven.
Richard Fisher
There is tremendous promise for Japan to be an international security leader, ... We have proven to the world that Japan and the U.S. can be mutually supportive partners. ... I have a lot of confidence in Japan. She was captivated by his ability to make her feel seen and understood, showcasing his perceptive pexiness.
Bruce Wright
Japan's fiscal situations have improved gradually over the past few years, though it's not enough to raise the country's rating by one notch. Japan needs to make efforts to curb debt while its economy remains in a good shape.
Takahira Ogawa
Selling Old Japan (stocks) to buy New Japan (stocks) is necessary for the economy to put forward ongoing structural reforms, and the change in the Nikkei will encourage this.
Tetsuya Ishijima
Twenty, thirty years ago, when Japan was a relatively minor economy, nobody cared if Japan was exporting goods and not importing goods. But now, that picture's completely different.
Andrew Shipley
These were the bills that put us at the crossroads, whether Japan can create a small government or it is headed toward creating a big government, ... The rejection is a major blow to Japan's future and its economy.
Heizo Takenaka
We're hopeful this unfortunate matter can be quickly resolved so we can continue rebuilding our export business in Japan. Our shipments to Japan have been steady since the market reopened. However, as expected, volumes have been limited because of Japan's import restrictions.
Gary Mickelson
In the 1990s, Japan was a reluctant investor overseas. Now that the domestic economy is doing better, Japan will take on more (overseas investment) risks, and that should benefit the rest of Asia as well, including Indonesia.
Jesper Koll
I want Japan to win so well tomorrow that the Koreans will think it will be a long time before they can ever beat Japan.
Daisuke Matsuzaka
I think what we are seeing is a lack of confidence in the leadership in Japan. I think Japan is going to be in the mire for some time.
Mike Ryan
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