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To: Mike M2 who wrote (51535)	4/15/2000 11:56:00 AM
From: lorne	Respond to of 116759

Averaging G-7 Country Growth Is Dumber Than Dumb: David DeRosa Fri, 14 Apr 2000, 5:26pm EDT Plain Speaking " The U.S. to Japan -- ``The balance of trade is out of whack because you guys haven't done enough to pull yourselves out of your ten-year economic slump. Stimulate demand and especially stimulate demand for U.S. made products. Do something, please!' " " Japan to the U.S. -- ``Forget about it. You have a current account deficit because your citizens don't save enough of their income. And they spend too much because they think they are rich from the U.S. stock market, which as we all know is just one big bubble. You Americans are spending all of your income because of your paper profits on the stock market.' " Full story >>> quote.bloomberg.com