linkedin post 2013-05-08 19:55:42
JAPAN'S RANKING AS THE THIRD WORLD ECONOMY after the US snd China is remarkable for a population of 127 M living on an island s bit smaller than California. After the devastation of the war, they decided that hard work was the sacrifice required to rebuild their society. Along with only 1% of GDP going to military costs, they entered a three decade period of unprecedented growth, slowing in the 1990s. The Innovation Network Corporation of Japan's (INCJ) was recently created to stimulate the economy. As a 22 Bn USD VC fund it is the largest in the world. Plus doubling the money supply. Bold! View in LinkedIn