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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: rudyt who wrote (72852)12/26/2007 4:39:40 PM
From: Tommaso  Respond to of 116555
 
>>.The Japanese monetary authorities were, we think, hamstrung by the incredibly high savings rate of the voting public. <<<

Exactly. There is no comparison between Japan and the United States, and no likelihood that the United States will replicate the "deflation" [N.B. the quotation marks] of Japan.



To: rudyt who wrote (72852)12/26/2007 4:44:12 PM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
I have rebutted that nonsense a half dozen times.
anyone who think Japan did not have deflation is nuts.
But if so, we will not have deflation exactly the same way.

Mish


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