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Will Mr Koizumi's wise words damage exports before the bureaucrats succeed in clobbering domestic demand?
Swiss economic analysis on Monday reached the same conclusion about the impact of the vote – that it would depress growth, hurt outside investment, damage exports.
While the Obama administration has been pressing China to stop artificially cheapening its currency, Chinese leaders still resist, insisting that that would damage exports and risk the country's economic health and possibly its social order.
The bank seems more concerned about the damage to export competitiveness from inflation than rupee appreciation.
Departure would necessitate multiple bilateral agreements, frustrate free trade and damage our export performance in the medium term.
This will drive up demand for cement, bricks and steel, and should offset much of the damage to export crops in the area, notably of asparagus.Spotlight on povertyAt the same time, the tragedy will bring renewed attention to the problem of widespread poverty, and the government's effectiveness in addressing it.
Also, "you can't do anything about exports, so you're taking measures to help offset the damage from exports".
But the leadership will also be wary of damaging the export sector and its jobs.
Asked to name the "greatest economic challenge facing corporate America," few chose the strong dollar's damage to exports, or weak foreign demand or rising health insurance costs.
Germany and the US will begin talks as soon as Monday, to address mounting European concerns over internet surveillance that are threatening to overshadow trade negotiations and damage Silicon Valley exports.
This in turn, they believe, will severely damage American exports.
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