New US Economy Policy Message Board

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Strategies & Market Trends : New US Economy Policy

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To: Arthur Tang who wrote (50)	8/14/1997 4:03:00 PM
From: Arthur Tang	of 435

A crack in the new economy. Recently, far east cheap labor got more competative and Thailand needed loans from IMF to get by. Now all the TV electronics distributors are closing, because they are not replacing their merchandises. Japan and far east countries have no obsolescense and replacement TV or Hi-Fi products to sell. When mass distribution failed to handle the TV electronics products, a part of the economy dies. But, looking back, those stores been living in borrowed times for two years already. FEDs tightened the liquidity by raising the interest rate, only choked them to death right away. Now, FCC has to approve high definition and digital TV specs quickly. The industry combined with cable and direct TV has to promote new design of TVs with the boxes included. How about the Hi-Fi built-in as well. Obsolescense and replacement is how this economy is built. Where is the new generation of new products? What can they be? We need the answers soon. Can we rely on imports when we need new products? What about our economy? We must be self-sufficient!

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