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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 238.79

-1.2%

9:31 AM EST

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To: GST who wrote (135930)	12/17/2001 1:01:19 AM
From: Bill Harmond	Read Replies (1) of 164685

I agree with everything you say here. Where you and I part company is whether we think our balance of payments is a bad thing. If we build wealth faster than we incur debt (which we do and have) then I think we're OK. To me the borrowed money isn't being burned, it's being put to work. America has been a debtor nation more often than not for our entire history. There is plenty written on both sides of this argument. I can point to the Japanese who exhibit all the virtues you extol, yet they're going through something like their fourth recession in 10 years.

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