Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (2274)	3/6/2001 10:47:36 PM
From: westpacific	Read Replies (2) of 74559

"But just as the failure by America to view this tragic mishap in a broader historical context, so too in the economic sphere, the US Treasury’s incessant focus on the deficiencies of the Japanese financial system, whilst simultaneously ignoring the slow but steady change in the relative balance of financial power between the two countries" Jay - this is just too the point of what I said a few days ago. The reality is the Japanese will own us soon - and we have our heads in the sand! Scary indeed, the Japanese are very rich, whilst the Americans are very poor. Of course we do have better real estate! West

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