Re: Rentier's hoarding ?

[Michael Perelman]

I just saw Louis's report.  Yes, Japan now is starting some mass layoffs, but
it is amazing how long they have put this off.  The U.S. in 1929 tried to
pressure firms to resist layoffs.  Many large firms resisted about a year.

Louis Proyect wrote:

>
> The Washington Post, January 3, 2000, Monday, Final Edition
>
> Japan Inc. Workers Get Harsh Dose of Economic Reality; High Jobless Rate
> Gives Rise To Homeless Camps, Suicides
>

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]