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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 215.32-0.2%Dec 30 3:59 PM EST

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To: Jim McMannis who wrote (49119)7/27/2001 12:22:45 AM
From: kapkan4uRead Replies (1) of 275872
 
<I was talking to a guy in Taiwan last night.
Big time recession. He was hoping the U.S. could help...
How long before the ships start returning to Asia empty like a few years ago?>

During the last two decades Japan, China, the rest of Asia, Mexico, Latin America and just about everybody else in the developing world have built export oriented businesses selling to Europe and especially to the US.

We are about to witness a perfect storm when most of these businesses will collapse, followed by the banks, followed by more businesses and so on. I hope US recovers before the vicious spiral begins.

Kap
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