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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 248.41+1.6%Nov 10 3:59 PM EST

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To: GST who wrote (103594)5/18/2000 9:10:00 PM
From: Victor Lazlo  Read Replies (1) of 164684
 
<<When the stocks crash we, as a people, are left with all manner of debt on our suv's and credit cards etc., and we still owe all the money they lent to us -- perhaps they are not that smart, but maybe we are not so smart either. Do you know the US even has a trade deficit in high technology??
>>

GST- all this misery you predict for the US, in the worst-case scenario, is currently being lavished on Japan. And most of the other Asian nations will never even approach the typical lyfestyle, comfort and convenience enjoyed now by the typical middle class household in the US.

Japan's shadow budget, their backward old boy way of doing bus, their aging population and other ills of that nation portend continued marginalism for Japan in the world economy.
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