> Japan's a great country, and has the advantage of a crumbling > banking system along with an inflated currency. My brother lived > there for years and is still fluent in Japanese. Over there, trust > is a substantial issue in business (you might say Japan's a series > of 1mdc's!) so IMO an exchange might have a few hard years at > first, but I agree that they'll be successful. > > JMR
If an exchange went in like say "Toys R Us", yes, they would be hit over the head by the ancient "Keiretsu" (or as some call it) "The Japanese Business Iron Curtain"; because a "gaijin" or "outsider" is really NOT welcomed there. Yet, on the other hand if an exchange went in like say "McDonald's" and 'incorporated' and 'utilized' the "Keiretsu", the concepts and business would be adopted rather quickly DUE to the present demand for a viable alternative. Yes, 'trust' IS a major issue; but "giri" or "loyalty" is MUCH more significant in Japan. This is where the "Keiretsu" comes into play. The "Keiretsu" (pronounced kay lay tsu) is nothing more than a "giri" (pronounced gi dee) based system which dictates the direction and adoptions of business movement in the country. "Uwasa" or "word of mouth" is as powerful in Japan as it is on the Internet. ~tecHead --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
