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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (75700)4/22/2001 8:04:57 PM
From: Don Green  Read Replies (3) | Respond to of 99985
 
Could the US go the way of Japan?
April 21, 2001
Most readers' gut reaction to this question will be a pretty resounding "No". But it's a question worth pursuing, not the least because of this: Had the converse question, "Could Japan go the way of the US?", been asked in 1980 when the US economy was mired in stagflation and high unemployment and couldn't do anything right, a typical, well-informed respondent might have whipped out a copy of Harvard professor Ezra Vogel's just published Japan as Number One and laughed into the naive questioner's face.

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