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In article 3638fa9c.3383179@news.mindspring.com ,
oldnasty@mindspring.com  wrote:
manifesto@christianparty.net   wrote:
> >No, wrong. If you will look at the post, it questioned Andrew's perspective
> >and asked him to reconcile it with the non-PPP data. Remember that the
> >non-PPP data concurs with my personal experience.
> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^


Here is an update of the previous post. While we have been debating who is having an economic recession (the US or Japan), the value of Japan's savings on the world market increased by $6.25 trillion ($25 trillion x 25%), JUST because the value of the yen increased from 147 to 117.6 in only the last two months.  Also, GDP has not declined by any credible source:

                              1994   1995   1996  1997  1998

Europa World Yearbook 1998    483    487    505   n.a.  n.a.
(GNP trillions yen)

UN Statistical Yearbook 42nd  475    479    505*  n.a.  n.a.
(GDP trillions yen)

Asiaweek                             479    505   542   626
(GDP trillions yen)

*The Statistical Yearbook of the United Nations, Forty Second Issue, pg. 167 reports Japan's 1995 GDP to be $5,217 billion. The yen was as high as 80 yen to the dollar in 1995, but to get 505 trillion yen they had to use 96.8 yen to the dollar to estimate Japan's 1995 GDP in dollars.

When Asiaweek estimated GDP per Capita in Japan in March 1998, the value of the yen to the dollar was 147. Thus, their 626 trillion yen was a GDP of only $4.3 trillion. Now that the yen to the dollar is 117.6, this 626 trillion yen is actually $5.3 trillion--one trillion dollars more. If the yen continues on to 80 yen to the dollar before the end of the year, this 626 trillion yen will actually be $7.8 trillion.

This would be a GDP per Capita twice that of the US.

Add to this the fact that our net worth declined by $7.8 trillion at the same time that Japan's increased by $22.4 trillion, and this question must be answered:

"Which economy is the one really in trouble, Japan or USA?"

 

TRAITOR McCain

jewn McCain

ASSASSIN of JFK, Patton, many other Whites

killed 264 MILLION Christians in WWII

killed 64 million Christians in Russia

holocaust denier extraordinaire--denying the Armenian holocaust

millions dead in the Middle East

tens of millions of dead Christians

LOST $1.2 TRILLION in Pentagon
spearheaded torture & sodomy of all non-jews
millions dead in Iraq

42 dead, mass murderer Goldman LOVED by jews

serial killer of 13 Christians

the REAL terrorists--not a single one is an Arab

serial killers are all jews

framed Christians for anti-semitism, got caught
left 350 firemen behind to die in WTC

legally insane debarred lawyer CENSORED free speech

mother of all fnazis, certified mentally ill

10,000 Whites DEAD from one jew LIE

moser HATED by jews: he followed the law

f.ck Jesus--from a "news" person!!

1000 fold the child of perdition

 

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Modified Saturday, March 11, 2017

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