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To: Jim McMannis who wrote (4748)	8/27/2002 7:10:31 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 306849

All very good points. OTOH, when asked about this the expert talking heads on CNBC just say "it can't happen here because we have a more dynamic economy than Japan". If it does happen those talking head experts will be no where to be found or will have changed their tune after the fact. True enough, the incorrect prognosticators just seem to "disappear" from cnbc (Joe Battipaglia for example) but in this case, its so difficult to dissect the Japan situation in a 3 minute segment there isn't much more you can say than the "dynamic economy" cliche. Maybe a better choice of words would be "efficient economy" as in, the US economy is more efficient than everybody else now. That might do it. I'm sure tired of people making analogies to Japan. L