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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (123367)	9/18/2001 3:21:29 PM
From: JRI	Read Replies (2) \| Respond to of 436258

Japan bankrupted their government surplus (turning it into a deficit) trying to fight the mal-investment killer wave... I s'pose the U.S. equivelent are Yankees watching their stocks go to 0, and equity-mortgaging their houses to the hilt... We are probably heading for similar results to Japan too... Difference being, they still have a wealth of private savings, whereas we will have ??? in a few years.. Saving grace may be Americans ability to look and mirror and say, "we blew it, and we need to change"....that, and, hopefully, a smaller banking problem, although the derivatives bomb scares the crap out of me...