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[PEN-L:200] Re: NY Review article on the economy




		To whom...,


	My reaction to Levy's point about Japanese capital investment is that
it was true some time ago but not, apparently, today.  The Nikkei news
service reported that U.S. industrial equipment is now newer than Japanese
equipment for the first time in a great while.  The Japanese crisis has been
brewing for a long time, it seems.




	peace
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