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Strategies & Market Trends : MDA - Market Direction Analysis

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Dec 11 4:00 PM EST

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To: Ben Wa who wrote (51335)	5/19/2000 11:32:00 PM
From: Ken98	Read Replies (1) of 99985

<<Japan's demographics are where the US will be (absent immigration) in 25 years.>> But the very fact of net positive US immigration is, and will continue to be, a benefit to the US economy and makes our situation completely different from the Japanese. Cheap labor migrating to the US has had a significant damping effect on US inflation. And immigrant labor is part of the entrepenurial engine that has driven this country in the last 150 years. If Japan wanted to jump-start their economy they would do likewise. At a minimum it would compensate for an ageing population and provide more dynamism to their economy. If the US reverses its open immigration policy it will suffer a fate similar to Japan, IMO. Regards, Ken.

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