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Politics : Stockman Scott's Political Debate Porch
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To: Jim Willie CB who wrote (4185)8/8/2002 1:32:42 PM
From: mt_mike  Read Replies (1) of 89467
 
Jim, the one difference I see with Japan is Japan is a nation of savers, while we are a nation of spenders. We get the same result for businesses but in Japan it is because they conciously don't spend while here it will be because of personal bankruptcy and the inability to take on more debt.
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