Asia Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Asia Forum

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: peter michaelson who wrote (3087)	4/13/1998 12:12:00 AM
From: kormac	Read Replies (1) of 9980

Peter, Your thoughts make sense in a period somewhere in the distant future in which the world has undergone a transition to some sort of steady state economy. Why this economy should develop by an invisible hand is not at all clear. How it should develop by design is equally murky. Technology has led to incredible overcapacity which in the developed countries must be taken up by huge consumption. Yes, buy some some stuff, use it for a week and discard it <g>. That Japanese have not made a transition to this kind of life is rooted in their geography and history. They need spend to put liquidity to their system. I don't think that they will. BTW. NYTimes today had an article in which Laura Tyson compared the markets to mania. Manias are great time to make money. The problem is when to get off :)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next