A backwater resident for years, suddenly Japan emerges as the new world growth king.
Just three days following the tragedy we were able to predict that resuscitation would far exceed world estimates. This was the correct appraisal. From years dealing with Japanese institutions, it came easy; now others understand.
Indeed, corporate Japan is in good health; the equity market there has outperformed all developed countries since June/1.
Robert Craven
Monday, July 18, 2011
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