Poor, Helpless, Weak Japan

pms laflame at mindspring.com
Mon Feb 8 16:09:27 PST 1999

Jason, if you will indulge a poor rube, why productivity? I can see pop. growth. Please keep it simple.


At 03:11 PM 2/8/99 EST, you wrote:
>In a message dated 2/8/99 11:26:34 AM Central Standard Time,
>dhenwood at panix.com writes:
><< since tomorrow's investment is funded from yesteray's
> profits, you couldn't sustain the high levels of investment necessary to
> keep the accumulation engine running with such low profits.
> >>
>In particluar, you need to accumulate at least as fast at the:
>1) population rate (US population is growing by 1%)
>2) labor productivity (about 2%)

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