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To: Bobby Yellin who wrote (17586)9/5/1998 1:02:00 PM
From: Don Green  Read Replies (2) | Respond to of 116764
 
The Japanese are still the second biggest economy in the world. They are one of the few countries that have savings and little debt. The biggest reason for the financial troubles is due to the fact the Japanese have stopped spending on anything but vitals.. and are saving.. They also stopped depositing money and even removed it from the banks as a way to express their anger toward their govt. They also have little or no debt. Asians in general are very conservative in their handling of money and will end up the winners when the dust settles. Listening to America the most leverage country in history tell Asians how to handle their finances is almost funny.