Since Japan has approximately one tenth the population of China, it's hard to see how they can hope to remain more powerful.

It was trying to compete in an arms race with a larger competitor that brought down the Soviets. I can't see the Japanese being similarly self-deluding.

John

On Sun, 06 Nov 2005 19:22:27 -0000, P. J. Alling <[EMAIL PROTECTED]> wrote:

Nope, they just have an arms race to look forward to, or abdicate their place as the most powerful country in Asia to China. It's interesting but the Japanese have been arming Taiwan, (with US help),. quietly for the last few years, and with the Chinese stepchild of North Korea rattling it's nuclear saber periodically the Japanese government will see itself left with few other options, and none they will find palatable. I don't good will has much to do with national survival. Even Venezuela , who's current president sees himself as the heir to Castro, will sell Oil to the US. He needs the money to fund his own ambitions, good will has nothing to do with it.

William Robb wrote:


----- Original Message ----- From: "P. J. Alling"
Subject: Re: The sky is...


The US economy has it's problems but they are fundamentally fewer than Japans.


Both economies are now dependent on the goodwill of foreign countries for survival. The peril of an oil based economy when you haven't enough of it yourself. Japan isn't beeing bled to death by an expensive to maintain, and probably soon to escalate, war.

William Robb








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