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To: Mohan Marette who wrote (69183)10/5/1998 10:43:00 AM
From: Eddie Kim  Read Replies (1) | Respond to of 176387
 
Some will argue that deflation is already occuring in the US. Certaintly Japan has been hit hard already.

>>For one thing for deflation to happen one needs to see a severe credit crunch

What do you define as a severe credit crunch?