On Thu, 17 Feb 2000, Christian A. Gregory wrote:
> The structural deficit in Japan at the worst point in the recession so
> far--1996--was not significantly higher than the U.S.'s highest
> structural deficit in the 1990's and no one ever predicted cataclysm
> for it.
What's the "structural" deficit?
It would be nice to have another number from the debt to GDP ratio that people say is so misleading in the Japanese case.
Michael
__________________________________________________________________________ Michael Pollak................New York City..............mpollak at panix.com