Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Peter Dierks who wrote (682323)	5/15/2005 10:47:43 AM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 769670

"Japanese savings rates increased dramatically in the eighties and nineties. Rubin's advise is great if you want us to be in a major recession like Japan was as a result of increasing savings rates." Oh please! Demographics --- Japan has one of the OLDEST age profiles in the world (and, perhaps, an 'Asian' propensity for personal thrift and saving) accounts for the much higher rates of savings in Japan and China... not 'balanced budgets' and reduced government borrowing :( If you want to attack 'Rubinomics' then you are going to have to look at the results HERE IN THE US when it was applied --- not somewhere else, completely different, where it was not applied.