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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: smolejv@gmx.net who wrote (15648)2/25/2002 7:17:11 AM
From: elmatador  Read Replies (1) of 74559
 
We surely should have met for a few Pils in MCH, DJ! Tell me about imbalances. Subsidies would be more accurate, wouldn't it?

The Japanese didn't use their financial clout when they had the opportunity. They preferred to go buy Columbia Studios and the Rockfeller Center -the Arabs did the same mistake when they were awash in Petrodollars- when they should have gone to expand influence beyond South East Asia.

It is too late now. In this respect the US has an advantage: They think big. And perhaps that's the reason they keep the advantage.
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