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To: Ilaine who wrote (89798)4/4/2001 11:41:11 AM
From: Mike M2  Read Replies (1) | Respond to of 436258
 
CB, they did not follow the Austrian's advice - the Austrian's objected to letting the bubble get out of hand in the first place. The Japanese claimed that they would not repeat the mistakes of the US in the 30s - and yet there is no recovery in Japan. I expect all attempts to reflate will fail. Mike