Today there was Mr. Keikichi Honda's regular dinner meeting, where Mr. Honda reported that he attended an annual economists' meeting in Washington D.C., where about a half of the economists and analysts there voted for the possibility of recession in the U.S. economy at least in the first half of 2008. What is interesting, though, is the fact that most economists including those who saw imminent recession in the U.S. were concerned not about the recession or any other short-term economic problems, but rather about longer-term geopolitical issues such as the reemergence of Russia as an anti-U.S. regime. Mr. Honda also pointed out that Japan is now treated as an "average" nation just like a typical European country, and no longer as a "special" nation attracting extra attention in the international community. A free discussion among participants centered around the subprime problem and the real estate market in Japan. For summaries of the last few meetings with photos, see the links above.