globalization & Pynchon?
KXX4493553 at aol.com
KXX4493553 at aol.com
Thu Apr 26 12:54:13 CDT 2001
The Japanese success story after the war (not before it, Pearl Harbour
wouldn't have happened if they had "success" before) depended on the very
very narrow connection between the government and the big trust corporations.
It was a kind of "super keynesianism". Until the eighties when the "bubblegum
economy" began... now the state debts are 130 % of the gross income product,
and, remember, if you want to join the Euro Zone in Europe you only may have
got 60 %...
America's long boom in the nineties had its reason in the booming stock
markets, and the fact that the dollar is still the world currency. And plenty
of Japanese money is still flowing through your veins...
Kurt-Werner Pörtner
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