According to last Friday's _NYTimes_, U.S. FDI (much of it in SE Asia and Latin America) is at an all-time high, while many large Japanese banks are near insolvency, save liquidity injections from the Japanese Central Bank and revenues raised from playing international bond markets. Any thoughts ? John L. Gulick U. California-Santa Cruz Sociology Graduate Program Research interest: eco-Marxist sociology of the built environment, port authority competition on the West Coast of North America e-mail: [EMAIL PROTECTED]