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To: ild who wrote (215337)	1/17/2003 12:28:13 PM
From: Haim R. Branisteanu	Respond to of 436258

Well under Schröder and the Green's (communist) party it will not happen in Germany. Not sure about the rest of Europe but change will move very slow The best safety net for both Japan and Europe is to speed up deregulation and foster an entrepreneurial revolution that creates jobs, wealth and the dream of a productivity explosion. Japan and Europe must start beating the Americans at their own game and become emerging markets offering high prospective returns. The more Tokyo and Brussels do to create domestic growth opportunities, the less they have to fear from U.S. growth sputtering--and the dollar falling.