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    We will defy history if the bubble doesn't burst

    Yes and no. Most likely we will lose any case. Without a proper back up plan we will be just handing them open slather and don't think for one minute they won't take advantage of that situation. If they win it won't take long for them to claim compensatory damages against those that have...
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    We will defy history if the bubble doesn't burst

    At around the late 80's the grounds of Tokyo Palce were considered to be worth more than all of California. TSE was slightly higher than NYSE and hovering around 39,000 points giving the price to earnings ratio of stock around 80 as compared to 20-30 for US, UK and HK. One needs to remember...
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    We will defy history if the bubble doesn't burst

    This where you need to understand the basics of Japanese book keeping with latent profits and assets. In Australia property prices go up and down due to market demand and forces. In Japan previously to the Bubble Burst which was about 10-15 years in the making property prices went up due...
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    We will defy history if the bubble doesn't burst

    Not exactly correct. Japan has the appearance of savings but reality is totally different. In 1995 when ranked by assets the top ten banks in the world were all Japanese with 29 in the top 100 as against Americas 9 for top 100 BUT when Moodys check liabilities of the banks only 5 of Japans...
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    We will defy history if the bubble doesn't burst

    Trying to use Japan as a comparison for anything is nigh on ridiculous. They do not function like the rest of the world and have book keeping systems that words can not describe. Recently there was thread that went along the line of A borrowing money ($10) from B and gave the money to C...
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