Tens of thousands of Japanese housewives drawn into currency day-trading, lose billions

Re:Tens of thousands of Japanese housewives drawn into curre... by steve on Sunday September 16, 2007 @05:37PM (#55388)

"There are strict taboos against money that isn't earned with sweat from the brow"

A relative of mine grew up with many orientals and she too holds this attitude. It seems very strange to me but now at least I know where it came from.

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Re:Tens of thousands of Japanese housewives drawn into curre... by thomasp on Sunday September 16, 2007 @10:33PM (#55490)

You know that is a good attitude for society. It is only during financial bubble times that people develop the flip-it mindset.

I am a PG fan, but the only thing I am not a fan of is his built-to-flip mindset. The coming downturn will cure it - most companies aren't going to find sugar-daddies, so would actually have to figure out a way to make it on their own ...

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Re:Tens of thousands of Japanese housewives drawn into curre... by steve on Wednesday September 19, 2007 @02:26AM (#56745)

It's bad because those people ONLY plan to work hard, but not work SMART.

It isn't just about building to flipping. They would never start a business at all. There is much more honor in pushing papers around and accomplishing nothing at some huge company than ever actually doing the most you can do.

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Re:Tens of thousands of Japanese housewives drawn into curre... by lupin_sansei on Monday September 17, 2007 @02:00AM (#55571)

> You know that is a good attitude for society

Why is that? It's good for the economy for people to invest in the market.

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