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To: Jim Willie CB who wrote (149398)10/29/2002 11:46:20 AM
From: Victor Lazlo  Respond to of 164684
 
<<we have worse accounting fraud, but that is coupled with horrendous crippling and eventually devastating debt >>

Perhaps you are not aware.... "accounting fraud " is in the eye of the regulator. In Japan and other asian countries, the regulations are so whacky, they dont need "fraud" !

It's all done with the expectation and blessing of the govts !



To: Jim Willie CB who wrote (149398)10/29/2002 11:54:28 AM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
<<Japan is 20 years ahead of us in timetable >>

baloney. They're a xenophobic nation with serious long term econ problems. The biggest banks there are on verge of collapse.

<<think about your last comment
"Japan doesnt spend enough to get their own economy going"
their saving level saved them from collapse
they now hold hundreds of billions of US$ to help them thru this mess >>

It sure is taking them a long time... 19 years and counting !!! LOL !!

<<what does the USA hold? >>

Yup, and we're in recession mode, like Asia. But unlike Asia, we lead the world in innovation, technology, quality of life, and freedom.

<< arguing with you is like talking to a monkey >>

We're "arguing" ? ha ha! You remind me of a wild-eyed, market-bubble-blinded baboon of days gone by !

Go get em, Willie, asia (excpet Japan, S. Korea, N. Korea, Indonesia, Malaysia, etc.. ) will make you rich beyond your wildest dreams !! ha ha!