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To: carranza2 who wrote (39)	9/28/2001 3:06:24 PM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 218068

>>they seem to be frozen in the headlights like the Japanese have been since 1990. << not exactly a fair picture. You may have reasons for doing nothing - nothing visible, or nothing "substantial" (Europe has no need for clowns like O'Neil). A lot has been piled on EZB for instance for doing "nothing" - aka standing "frozen" in the middle of 2001 headlights. However they did keep the lid on inflation and on deficit spending ideas of member states. Japan has been slowly succumbing to Alzheimer since quite some time (since the real estate bubble at the very least). You cant say that for Europe. etc; dj