> > [...................................]  The second aspect is its effect
> > on Japan itself.  Since the end of World War II Japan has been a liberal
> > democracy, a system imposed by the United States.  If Japan goes into a
> > depression, it will be a very different country than the prosperous and
> > cocky Japan of the 1980s.  With that difference will come wrenching
> > political changes.  We urge analysts to study the 1920s in order to get a
> > sense of the possible evolution of Japan, should Ohga be correct.

Amen.  In 1960 a million snake-dancing students kept Ike at bay for 4 days,
but what's the story today: Does Japan have a left, and is it ready to do
something other than McNeil-Lehrer tripping on TV?
                                                                    valis



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