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To: PaulM who wrote (8091)	3/5/1998 10:42:00 PM
From: Abner Hosmer	Respond to of 116770

Stole this from Kitco: Deflation threatens Japan detnews.com:80/1998/biz/9803/05/03050078.htm >> TOKYO -- An onslaught of cheap Asian imports threatens to push Japan's ailing economy into a destructive deflationary spiral, new reports by bank economists warn... .. In Japan, an economic slump already forced companies to start laying off employees. Unemployment has risen to 3.4 percent, though economists say the number might be double if it were calculated by Western methods.<< The unbelief goes far beyond using Postal Funds to prop up the Nik. Japanese Banks and Insurance companies are up to their elbows in each other's shares.