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Technology Stocks : Semi Equipment Analysis
SOXX 299.48-4.8%Dec 12 4:00 PM EST

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To: Kirk © who wrote (53810)9/21/2011 1:36:25 PM
From: Sam   of 95574
 
It isn't different. Historically, it has been practiced in the US and every other country. Countries turn against it when they have mature industries that are being hurt by other countries' subsidies. All of the Asian countries have practiced it with relish over the past 40 or so years. The problem is it won't work forever. Supply gluts happen. Unsubsidized companies go bankrupt. The Asian countries have been built on exports that were subsidized, and when the countries that are being exported to can no longer afford to import as much, the policy boomarangs. India might be the only major economy in Asia that didn't follow the subsidize-targeted-sector-and-export model that was pioneered in Japan.

Ultimately, internal demand and economies that are based on sustainability must be built. It isn't clear to me how that will work when we run up against resource restraints. Especially w/r/t energy, water and soil/nutrient depletion. At least, those are the ones that I keep reading about.
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