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To: staytrue
The Japanese banks are propping up way to many failed companies. Part of the free market system is that the failures actually fail. Until and unless they clean house, this sort of thing will continue.
10 posted on 09/03/2002 5:35:09 AM PDT by lds23
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To: lds23
The Japanese banks are propping up way to many failed companies. Part of the free market system is that the failures actually fail. Until and unless they clean house, this sort of thing will continue.

Amen to that, brother. They should cut taxes and open up their markets to competition. Yes, many businesses will fail, but others will come in to take their place. This seems to be something that people all over the world have trouble understanding, including here in the US. Bush should never have slapped on those steel tariffs or signed that obscene farm bill. Failure is a necessary part of economic growth.

15 posted on 09/03/2002 7:55:23 AM PDT by Pining_4_TX
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