"The Japanese banks are not having an easy time as they once had"
- David Rockefeller
About this Quote
This quote by David Rockefeller talks to the existing state of the Japanese banking system. The Japanese banks are not having a simple time, as they when had. This could be due to a range of aspects, such as the global financial decline, the rise of digital banking, or the increasing competition from other banks. It might likewise be because of the fact that the Japanese banking system is heavily regulated, making it difficult for banks to adapt to altering market conditions. Whatever the cause, it is clear that the Japanese banking system is facing some hard times. This might have a negative influence on the Japanese economy, as banks are a significant source of capital and credit for businesses and people. It is important for the Japanese government to take actions to make sure that the banking system remains steady and secure, so that the economy can continue to grow and prosper.
"We are more thoroughly an enlightened people, with respect to our political interests, than perhaps any other under heaven. Every man among us reads, and is so easy in his circumstances as to have leisure for conversations of improvement and for acquiring information"