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  • Why China? As was just said China is going downhill fast.

    The future is Japan, just read moneyweek about grasping Japan with both hands.

    The Yen is going up in value at a fast rate compared with other currencies.

    What you said about teaching English is more true in Japan, you can get over 30quid an hour.

    The future is brighter in Japan than China, easily.




    Yes I agree with moneyweek China`s future looks bleak

    "The Golden Years have shuddered to a dramatic halt," said Stephen Green of Standard Chartered. China's economy, which has expanded 69-fold since free-market reforms began in the late 1970s, is cooling rapidly, with the World Bank pencilling in GDP growth of 7.5% next year – the lowest in almost 20 years – and some analysts expecting far worse.

    http://www.moneyweek.com/news-and-charts/economics/china-heads-for-a-hard-landing-14209.aspx
  • drc
    drc Posts: 2,057 Forumite
    Why China? As was just said China is going downhill fast.

    The future is Japan, just read moneyweek about grasping Japan with both hands.

    The Yen is going up in value at a fast rate compared with other currencies.

    What you said about teaching English is more true in Japan, you can get over 30quid an hour.

    The future is brighter in Japan than China, easily.

    I thought Japan was facing deflation again;

    http://business.timesonline.co.uk/tol/business/economics/article5303428.ece
  • Yoshua
    Yoshua Posts: 298 Forumite
    drc wrote: »



    Thanks for that DRC, very good info.


    "On the high street, sales are rising at cheap clothes shops while the strong yen has boosted the buying power of department stores and luxury goods retailers. The yen's surge is being passed on to customers in the form of discounted Louis Vuitton bags. Good for consumers, but, analysts say, bad for retailers and the economy. "


    Sounds like Japan is the best place on Earth for us to live, if you really can earn 30quid an hour teaching English.

    The Yen is going to be the strongest currency, certainly against the weak pound.
  • RDB
    RDB Posts: 872 Forumite
    Yes the Yen is going up against other currencies at a ridiculousamount.

    Moneyweek has been saying this for ages to buy into Japan they were right.


    http://www.moneyweek.com/investment-advice/buy-japan-the-worlds-cheapest-developed-market-14109.aspx


    and

    http://www.moneyweek.com/news-and-charts/economics/japan-judders-to-a-halt-but-its-in-pole-position-for-the-next-lap-14117.aspx
  • So far in the last 25 years, we have had Japan about to overtake the "West", then it was the "asian tigers" of South Korea, Taiwan etc, then its China, and now its Japan again.

    The heyday of teaching English in Japan was a long time ago & last year the biggest TEFL school (Nova) went bust.
    US housing: it's not a bubble

    Moneyweek, December 2005
  • EliteHeat
    EliteHeat Posts: 1,382 Forumite
    Davesnave wrote: »
    My concern is that an organisation which can produce such an incisive and damning critique of Western civilization, cannot also proof-read its own web site.

    How very unnecessary. You dismiss the authors’ works as meaningless in one pedantic stroke because you noticed a few typos.

    The inference of your post is that you are more academically gifted than him since presumably you would not have made such an error.

    A rather contemptible belittling of someone's efforts imo, all for a cheap laugh.
  • kennyboy66 wrote: »
    So far in the last 25 years, we have had Japan about to overtake the "West", then it was the "asian tigers" of South Korea, Taiwan etc, then its China, and now its Japan again.

    The heyday of teaching English in Japan was a long time ago & last year the biggest TEFL school (Nova) went bust.


    I should know as my name implies I used to work for gcom the novazombie.

    Nova is alive and well and yes a Brit could earn 30quid or more per hour working Nova or for one of the compaines like them.
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    EliteHeat wrote: »
    How very unnecessary. You dismiss the authors’ works as meaningless in one pedantic stroke because you noticed a few typos.

    The inference of your post is that you are more academically gifted than him since presumably you would not have made such an error.

    A rather contemptible belittling of someone's efforts imo, all for a cheap laugh.

    You misread me completely. I am not belittling anyone, nor would I, where spelling is concerned, as I have a dyslexic daughter. However, if I were placing a business site on the Internet, I would make damned sure that it was read, and re-read by someone competent to do that; anything else is sloppiness.

    I also happen to feel that much of the analysis on the site has more than a grain of truth, which is why I'm making a radical life-change to protect my family in the future. However, that need not concern you, and many others on this site already know, so I won't bang-on about it.

    Yes, I do like a laugh, but I do not appreciate it when people seek to put words in my mouth. I did not call the site 'meaningless.'
  • drbeat
    drbeat Posts: 627 Forumite
    Conrad wrote: »
    The problem I have with this is that throughout history we have always had those shrill voices warning armageddon is just around the corner. .

    Armageddon is not just something that means the end of the world. Take the 20th Century for example as they were many armageddons such as:

    WW1
    WW2
    Great Depression

    Shrill voices were warning of the above and for those involved the above was armageddon. History is littered with armageddons - and just like a recession you won't know about it until you come out of it and look back on it.
  • penguine
    penguine Posts: 1,101 Forumite
    Part of the Furniture Combo Breaker
    Davesnave wrote: »
    My concern is that an organisation which can produce such an incisive and damning critique of Western civilization, cannot also proof-read its own web site.

    I did wonder what he meant by a "viscous adjustment". Maybe that things are going to get very sticky.
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