Printer Friendly

YEN! Japan's New Financial Empire and Its Threat to America.

YEN! Japan's New Financial Empire and its Threat to America. Daniel Burstein. Simon and Schuster, $19. 95. Most of the current debate on America's waning competitiveness and industrial dominance has centered on the loss of jobs in the auto, steel, and microchip industries. These losses are indeed troubling, but Burstein sees the loss of American competitiveness and dominance in the financial world as far more dangerous to long-range American interests. Capital will be the most important resource of the twenty-first century. The nation that controls this resource will have a great influence over world affairs, just as America did in the

twentieth century. -Roger Baker
COPYRIGHT 1989 Washington Monthly Company
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1989, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Author:Baker, Roger
Publication:Washington Monthly
Article Type:Book Review
Date:Apr 1, 1989
Previous Article:The Village of Waiting.
Next Article:The Men From the Boys: Rites of Passage in Male America.

Related Articles
Asia's Yen Problem.
Japan's fast food funk: McDonald's Japan slips into the red for the first time in 30 years. Blame deflation--and fashion.
Terrorism, the US correction and Japan: our analyst tackles the terrorism tax and tips on Japan.
Toyota Completes Expansion of R&D Base in Belgium.
Toyota Announces Third Quarter Financial Results - Net Revenues and Income Significantly Increase.
Mitsubishi Motors Announces Results for Third Quarter Fiscal 2005.
Mitsubishi Motors Announces FY2005 Full-year Results, FY2006 Forecasts & Operational Plans.
Toyota Reports Record Year-End Results - Achieves Record High Net Revenues, Operating Income and Net Income.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters