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To: Box-By-The-Riviera™ who wrote (4258)	7/18/2000 12:12:53 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 436258

true...for stocks to get killed and remain dead is very un-mania-like. re. Japan/US, the similarities of the booms are rather striking. many key Japanese economic data at the height of the bubble were exactly the same as those prevailing in the US now. but i would argue that the US economy is structurally more sound, in terms of de-regulation, labor force mobility and the willingness of corporations to quickly react to a changing economic backdrop. otoh, the remaining differences are actually net negatives, such as the non-existent savings rate and the current account deficit. well, the next few years will likely answer our questions...