japan to be a big winner

  1. 6,975 Posts.
    Expect Japan to be a big winner from the conflict in Iraq. How come you ask?

    Japan imports all its energy requirements, the price of which has already slumped 20% or so and which translates into big savings for Japanese industry and consumers. Plus the $US will regain strength making their exports more competitive (it will not wipe out the energy savings and Japan is a net exporter anyway). This could be the turning point for the Japanese economy.
 
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