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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (74839)1/29/2000 7:17:00 PM
From: Eggolas Moria  Read Replies (2) | Respond to of 132070
 
I don't believe that the man feels very lucky at the present time



To: Knighty Tin who wrote (74839)1/29/2000 11:43:00 PM
From: Activatecard  Read Replies (1) | Respond to of 132070
 
Mike,

What do you think of this article:

examiner.com

Steve




To: Knighty Tin who wrote (74839)1/30/2000 1:59:00 AM
From: sammaster  Read Replies (1) | Respond to of 132070
 
confused a little...

statements:
japan is refered to as the worlds lender
japan government has a massive load of debt from trying fiscal stimulus
japanese are savers
japanese banks going bankrupt from bad loans...

questions
1) japanese citizens themselves have big savings but the government is in huge debt?
2)banks making loans to the world because of the low interest rates which is why it is considered worlds banker?
3)japan not recovering because japanese citizens wont spend their money even though they have big savings?

so what i undersand is that japanese have lots of money and savings and are not confident in their economy and are in recession
and americans are in huge debt but are confident in their economy so are in a boom....
sounds like a confidence game to me...am i missing something?

samir