"John Knight" <jwknight at polbox.com> wrote:
>"Dan Holzman" <holzman at panix.com> wrote in message
>news:amr30g$s0s$1 at panix3.panix.com...>> John also thinks that French peasants in the time of Louis XIV - XVI
>> were quite wealthy, based on the opulence of Versails.
>>Compared to 900 million niggers in Africa, French peasants are kings.
Bread riots are not a regular occurrence in Africa. There is
starvation in part of Africa, but it was almost certainly worse in
medieval France (which had a shorter average lifespan).
>The real measure of the wealth of a nation, though, is its personal savings,
No.
>5) Deposited so much money in Sumitomo Bank that it grew IN ONE YEAR by
>almost as much as the entire asset value of Bank of America
>http://christianparty.net/asianeconomiccrisis.htm
Rather obsolete numbers, if they were ever correct.
http://www.channelnewsasia.com/stories/corporatenews/view/11360/1/.html
gives a 6/92 asset value for Mizuho of 87 trillion yen, which is $719
billion. Sumitomo's assets convert to $521 billion. So Mizuho LOST
nearly $600 billion in assets in a few months if we were to believe
your numbers. The combination of postal savings and postal insurance
accounts have 360 trillion yen, which is just under US $3 trillion.
lojbab