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To: wlheatmoon who wrote (46217)6/10/1999 1:37:00 PM
From: BGR  Respond to of 86076
 
Japan didn't cure the bad debt problems that its banks were sufferring from like the US did for the S&L crisis. Thus, lower rates failed to stimulate the economy. China has made a step in the right direction, but it is indeed not a cure-all.