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To: BigBull who wrote (81228)3/15/2001 10:50:07 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
i agree...it is laughable to think that government intervention in the stock market will produce a 'solution'. it is merely a continuation of an endless series of mistakes, the ultimate in Japanese muddle-through tactics.

also agree that eventually Japan will be subject to a political revolution, a true seismic shift. i only fear that until such time, things are bound to get a lot worse, and not only for Japan. i don't expect anything even approaching credibility from their current political leadership. Myazawa, the dude that presided over the bubble? he should be long gone. the only thing i appreciate is his candor in assessing the situation.

one of the better minds in post bubble Japan, Eisuke Sakakibara (a.k.a. "Mr. Yen") retired from politics because he didn't want to be involved in Japan's troubles when 'bubble.com' (his moniker for the US) finally burst. he was among the few politicians (another one was former German chancellor Helmut Schmidt) recognizing the grave danger posed by the US bubble and actually telling people about it.



To: BigBull who wrote (81228)3/15/2001 11:06:30 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<Imo Japan will see a major political revolution before this is all over>

I have already thrown my hat into the ring for the "emperor" position. -ggg-

DAK