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To: Maurice Winn who wrote (1486)	7/21/1998 8:42:00 PM
From: JMD	Respond to of 29987

Maurice, not quite so fast on 'end of rant'. Can't believe you haven't responded to today's WSJ--page one, section one. Your ship has come in! Seems the Japanese have been saving too much, and thus run headlong into John Maynard Keynes "paradox of thrift". Turns out that if you save your bim-bims off and then a) spend the capital on stupid things like bridges that cost $28 to cross and office buildings that are empty and b) don't have enough dough to spend on cell phones, VCR's and what-not that c) your economy goes into the crapper. I perhaps paraphrase a trifle heavy-handily but that is my burden, as you well know. Meanwhile, us nasty, profligate, spendthrift Yanks have been spending till the cows come home and things appear to be all systems go. The hell with the Wall Street Journal--those who have subscribed to the Maurice Rant Journal have known all this for years. So up with the MRJ, down with the WSJ--I mean we're talking yesterday's news mate. Best, Mike Doyle