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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Henry Volquardsen who wrote (5571)4/8/2002 6:43:46 AM
From: John Pitera  Respond to of 33421
 
Japan, oh Japan. It's been a tough 10-12 years over there hasn't it. Here's a nice chart set.

thecapitalmarkets.com

have you seen where Lester Thurow has said recently that 40% of Japanese households have a mortgage that is substantially underwater. And he theorizes that the average of those mortgages might be 60 - 70% of the value of those mortgages. Yikes....

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