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Re: [Pen-l] Shemano on consumer behavior



On Tuesday, June 10, 2008 at 12:58:14 (-0700) raghu writes:
>...
>2) The Chinese are yet to learn to like consumerism and consumption,
>considering the  ridiculous amount of national savings they are
>accumulating. Even the Japanese, after more than a century of
>practice, still have to follow highly mercantilist policies because
>their population cannot learn to consume enough. How do you explain
>*that*?

Tax code?


Bill
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