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To: John Hunt who wrote (16104)	8/2/1998 8:54:00 PM
From: paul richards	Read Replies (1) \| Respond to of 18056

japan is in no worry to solve its problem. they simply view as the eventual downturn that comes in every economic cycle. so what's the hurry to get out? the upturn will come and Japan hopes to recover without massive re structuring. so why all the attention? because the US markets depend on a recovery now, to keep itself afloat. The Japanese see this and don't care. I expect 40% retreat in US markets, over 2 years.

To: John Hunt who wrote (16104)	8/3/1998 6:57:00 AM
From: John Hunt	Read Replies (2) \| Respond to of 18056

Number's Don't Lie? The Government's Do nypostonline.com << Williams has discussed methodology with the Commerce Department. These economist-to-economist chats (wouldn't you just love to have a recording of those for your collection?) led Williams to believe that only 10 percent of the first GDP estimate put out by the government are real numbers and 90 percent are estimates. The government says that vastly overstates the guesswork involved. But Williams says that even the estimates aren't solid. >> hmmm ......