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To: DaveMG who wrote (14305)	8/30/1998 2:46:00 PM
From: Ramsey Su	Read Replies (2) \| Respond to of 152472

Dave, chicken little here with new worries. The problem with Krugman and other economics based analysis is that much of the world's economic problems have shifted to political. Indonesia and Russia are obvious examples where leadership needs to be established. Not so obvious are countries like Japan. This is the worst possible time for the LDP to lose power. Their political infrastructure is not strong enough to survive the type of democrats vs republican back stabbing in this country. As a result, nothing gets done. The economists can debate all they want. Regardless of whose theory is correct, who is going to be able to step up in Japan, Russia, Indonesia etc etc and strong arm some very painful measures through? The US all of a sudden find ourselves in a strange position that we may want to support "strong" leaders whose power came from non-democratic process. Ramsey