October 16, 2007

WHY WOULD YOU INVEST IN SOMETHING THAT'S DYING?:

Foreign investment in Japan negative in 2006 (Kyodo News, 10/17/07)

Foreign direct investment inflows to Japan turned negative in 2006 for the first time since 1989, affected by divestments by large transnational companies, including Vodafone Group PLC, according to a U.N. development agency.

The sluggish result was in contrast to a surge in FDI inflows to other advanced economies amid an increasing number of cross-border mergers and acquisitions, as well as a steady uptrend in other part of Asia, including China, the U.N. Conference on Trade and Development said in its annual report to be released Wednesday.

Posted by Orrin Judd at October 16, 2007 7:37 PM
Comments

But what about all those robots taking care of the infirm? They're bound to become contributors to the tax base, create more of themselves and adhere to human society, money, and consumables, right? Right? (crickets in the night sound)

Posted by: KRS at October 16, 2007 10:27 PM
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