For approximately Thirty years, the Japanese Government and industry deliberately overstated their demand forecasts for Iron ore, coal, Oil and other natural resources.
They borrowed from a much earlier retail technique for overstating demand for their suppliers products.
The desired effect was always the same:
1. Encourage new suppliers into the market and a general over investment in production capacity.
2. Drive down raw material prices as the new supply exceeds the actual demand.
3. Profit.
Nothing has changed. Believe in "booming demand for pilots" at your peril.
Last edited by Sunfish; 13th May 2012 at 19:44.