Re: they are opting for the japanese model
Get out of dodge before it all implodes.
The whole point of this strategy is to avoid the implodes step. Instead, the big businesses are turned into financial zombies, giant companies that have negative real value but function because of government guarantees and accounting illusions. The hope is that the economy will recover on it's own and the growth will pull the zombies back into a function state.
History suggests this doesn't work because the zombies remain a drag on the economy, soaking up money without creating much growth or progress. Japan survived because their export oriented economy could grow based on how well other countries where doing. The US doesn't have that option, and instead we have to depend on the dollars special status and pumping money into the economy faster then it's bleeding or deleveraging out.
Jay