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To: Ramsey Su who wrote (5978)6/22/1998 4:34:00 PM
From: Roger Zucchet  Respond to of 10921
 
Ramsey,

Totally agree with you (and Jess) that quantifying Japanese "bad debt" is nearly impossible, and it is also a dynamic that changes with time anyway. Just thought I'd put the link there, FWIW.

-Roger

P.S. I can tell you definitively that yes, nearly ALL economists from UCSB are more knowledgeable than those from UCSD. That's been my experience, anyway ;-)