VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (45357)	12/19/2001 12:34:10 PM
From: RR	Read Replies (4) of 65232

Jim: I don't expect Japan to have a significant impact on the U.S. recovery. You stated some of the reasons I feel that way in your own post, especially your last main paragraph. I would not go so far to say that Japan is a non-issue, but it does not have the impact it would have had maybe 5 years ago, and certainly 10 years ago. There has been a huge business shift with Japan during that time. I don't have trade stats to back that up, nor do I want to dig for them, but that's my impression. Heck, they even started building cars over here instead, among other things, as you know, during that time. In fact, what are we so dependent upon them now for anyway? They're toast. We know it. They know it. They are caught up in their old ways but won't change. Want a loan? 0% interest in Japan.... RR

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