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Author: JoetheBat Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1632  
Subject: Trillions WILL NOT REVIVE Japan Date: 1/9/2001 12:15 AM
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Back on same subject of size of investments
size of market aid, size of economic expenditures
that matter ...

the Japanese govt has now the past several years
spent , pumped into its eocnomy not 10s or 100s
of billions BUT 1.5 trillion (in US Dollars of
value but of course IN YEN)

and it hasnt revived the economy or done much
of anything

EXCEPT it did do something very important
it kept Japan from collapseing the past 8 years

and NOW the JIG IS UP

as the Japanese gov't has run out of credit
and can no longer spend but a little more
NOT 100s of billions and CERTAINLY NOT
trillions....
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