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Politics : Stockman Scott's Political Debate Porch

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To: Clappy who wrote (19070)5/13/2003 10:41:29 AM
From: Jim Willie CB   of 89467
 
Gold-Eagle reprinted the JapanTrap article
check it out
I managed to slip in the jackass logo at the top
way cool

gold-eagle.com

"Japan, Argentina, Weimar, or Muddle?"

by Jim Willie CB

Experts and other purported authorities have made frequent comparisons concerning the US Economy versus Japan. The consensus is that we will not travel the same agonizing path marred by contraction and slow motion destruction. We in the USA have far more similarities than we want to admit with the fading Asian powerhouse. However, critically dangerous differences will prevent the muddle process from occurring smoothly in our economy. We actually compare poorly in differences listed in this article. No, the USA is not as bad as Japan. WE ARE MUCH MORE DANGEROUSLY WORSE. Apply strong Weimar tools within a stubborn Japan quagmire, when addicted to foreign capital, and you risk shock-ridden Argentine outcomes, not a sloppy Muddle.

/ jim
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