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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: John Pitera who wrote (85391)2/8/2001 3:42:33 PM
From: pater tenebrarum  Read Replies (1) of 86076
 
John, quite so...i believe all that's needed in Japan is a wash-out that destroys the remnants of malinvestment and leads to all bad loans being written off, regardless of the near term consequences. that would lay the foundation for a lasting recovery imo.
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