James Bowery <[email protected]> wrote:
> Debtors declare bankruptcy. The banks use the money to buy up the > bankruptcy-liquidated assets. The banks now own a greater percentage of > the total asset base but it does them no good because there is no demand to > put them to use. > This has not been happening in Japan. It is not like the U.S. They may have a liquidity crisis but there are not a lot personal debtors declaring bankruptcy or people being thrown out of their houses. - Jed
