Re: Japan Crisis

2001-03-24 Thread jdevine
Yoshie writes: So, the profit rate [in Japan] did get from low to lower, I think the change is significant. Right. Even if Barkley is right that Japanese companies don't maximize profits, a falling profit rate does lead to a decline in one major source of investment funds. I wrote: The way

Re: Re: Japan Crisis

2001-03-24 Thread Doug Henwood
[EMAIL PROTECTED] wrote: Right. Even if Barkley is right that Japanese companies don't maximize profits, a falling profit rate does lead to a decline in one major source of investment funds. I don't think a shortage of investment funds is the problem - esp given the vast pool of savings.