[lbo-talk] If the US$ balloon should burst...

Doug Henwood dhenwood at panix.com
Wed Apr 30 11:29:04 PDT 2003


Carrol Cox wrote:


>Didn't the Japanese buy up an immense amount of u.s. real estate in the
>'80s, so much that various 'nativists' were getting upset about a
>Japanese 'plot' to control land etc in the u.s.? And didn't they have to
>sell most of this land at a loss later on?

Yup they did, and much else besides. Mostly to their regret, too.

Doug



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