Mike Rapoport wrote:

"Matt Barrow" wrote in message
...

"Mike Rapoport" wrote in message
thlink.net...

"Matt Barrow" wrote in message
...

"Mike Rapoport" wrote in message
news
Given that only a small percentage of Chineese are participating in

their

"new" economy, it will be a long time before this happens. Remember

that

Japan's economy stalled after they became (and remain) the richest

developed

nation on a per capita basis.


Even after their economy puked, what, 2/3rds of it's value?
--
Matt
---------------------
Matthew W. Barrow
Site-Fill Homes, LLC.
Montrose, CO


How are you arriving at that?


What was the NIKKEI at it's peak and bottom? It's now at 11,045 and wasn't
it at around 40,000 at it's peak in 1990?



That is ridculous. Economies are not measured by stock market valuations.
The GDP of Japan is larger now than ever before. How would you rate the US
economy on that metric? The Nasdaq is down 61% from its high five years
ago.

Very true. Stock market valuations measure only the investing
communities optimitism or pessimism about future stock prices. :-)


Matt