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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.35+0.3%Dec 19 9:30 AM EST
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To: Bill Harmond who wrote (138145)1/30/2002 12:42:33 PM
From: craig crawford  Read Replies (2) of 164684
 
you're right, the US isn't exactly like japan. no two bubbles are exactly alike. however, no matter how the bubble is formed or unwound the aftermath is usually quite predictable. several years of under-performance for the stock market. that's the bottom line and that's what matters to us here.

p.s. the US does have one striking similarity to japan in the late 80's. a rapidly aging demographic. that is going to be a serious problem in the coming years. of course if we hadn't aborted 40 million poor, defenseless children in the last 30 years maybe we would have enough younger folks to take care of you old folks. of course the liberal solution to killing off our population is to just let 40 million immigrants in to replace them.
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