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Technology Stocks : Oracle Corporation (ORCL)

ORCL 248.15

-3.8%

Nov 4 3:59 PM EST

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To: TobagoJack who wrote (15592)	3/14/2001 7:05:51 PM
From: MeDroogies	Read Replies (1) of 19079

No, the point is that as complex as it is, it is still easy to understand. There is no "benefit" or "loss" to any country. There is some shifting of assets, that's all. Assets don't necessarily provide a benefit unless accounting treats them in a manner that (like the Japanese) allows them to pad books. The multiplier effect resides anywhere a good or product is made AND distributed, because that multiplier occurs across a spatial dimension, not in one place. If shirts are made in Egypt, are the dry cleaning jobs created in my hometown accrued to Egypt because that's where the shirts were made? No, no more than the sandwich maker outside the shirt factory is a multiplier that accrues to my hometown. It's not complicated at all. You can make it as complicated as you like, but even Keynes opted for simplicity. As for your sub-nets and sectors....so what? You can't make it perfect and you'll lose optimality if you try. Don't drive yourself crazy - go for maxi-min solutions....

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