Investments

Here"s a view from the usually astute investment group at Pimco.  That the US should follow the Japanese history wherein severe deflation occurred for over 10 years, is really cause for alarm, at least for those who believe the equities market is the place to invest funds.  Clearly the "authorities" will fight this scenario with the printing press and every other means at their disposal, but so did the Japanese "authorities" attempt to solve their problem and failed.  Having visited friends in Japan a couple of years ago we can attest to the extremely high cost of living, at least in Tokyo.  A breakfast at the hotel where we stayed was upwards of $200 and there wasn't much special about the fare.  A cab ride from Narita airport to downtown Tokyo was about $400.  We took a bus service for $40.