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To: oldirtybastard who wrote (96159)4/19/2001 12:13:54 PM
From: pater tenebrarum  Respond to of 436258
 
that assessment is probably correct. one is frequently tempted to make a contrarian bullish case for Japan, but every time one looks at it it has gotten a bit worse, especially the banking system's exposure to bad loans. and the political will to address the problem simply doesn't exist - yet. that will come about once the crisis becomes unmanageable.