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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Rarebird who wrote (77088)3/8/2001 10:45:30 AM
From: Mike M2  Read Replies (1) of 436258
 
Rarebird, Gary Shilling's book " Deflation" has some nice charts of Japanese real estate vs. Nikkei the answer to your question is lag time. It takes some time for damage in the paper economy to impact the real economy especially when the stock market always? comes back! Mike
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