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To: Les H who wrote (169282)5/31/2002 11:23:18 AM
From: oldirtybastard  Read Replies (1) | Respond to of 436258
 
Les, that would be an affront to Lilliput

"For Tokyo, the association is the problem. Japan, they
protest, is an economy that's joined the West in terms of size and
wealth. Rating it the same as an African nation would be
disrespectful.
Well, has anyone asked Botswana how it feels being compared
with that crisis-waiting-to-happen that is the world's No. 2
economy? It's not exactly an enviable comparison to be a part of
and one Botswana also feels is unfair. Botswana central bank
Governor Linah Mohohlo, for example, recently warned that Japan's
problems pose a threat to global stability and urged Tokyo to get
its act together.
Other economic minnows not known for their influence in
global affairs have made similar requests. ``There is no
indication that Japan will soon contribute to the global
recovery,'' says Nicolas Eyzaguirre, who as finance minister runs
Chile's $70 billion economy -- dwarfed by Japan's $4.5 trillion
economy.


Message 17535794