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could be but I question whether if cheap capital weren't available could the investment in cheap labor markets have come so quickly?  

I don't think Greenspan did a poor job either btw.  I think he and the Japanese both did what they had to for the most part.  The drop to 1% seemed a bit overdone though.  But if I was that smart I'd be rich.

by HiD on Wed Mar 28th, 2007 at 04:09:26 AM EST
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