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To: GST who wrote (103568)5/18/2000 12:22:00 AM
From: Victor Lazlo  Read Replies (2) of 164684
 
<<The debt to foreigners in bonds will not go away -- remember, foreigners in general and Asians in particular like to save money. >>

GST, the Japanese economy has been hurt a lot by their people's insistence on saving all their money and not spnding any of it.

Are Japanese govt bonds still paying 0% interest, or does one have to pay the govt there to lend them your $$ ?

Victor
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