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Politics : Formerly About Applied Materials
AMAT 268.72+1.3%3:59 PM EST

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To: Teri Skogerboe who wrote (20605)6/20/1998 2:06:00 PM
From: Proud_Infidel  Read Replies (2) of 70976
 
Teri,

You bring up some good points in your argument, namely, are US corps. such as GE worth more than the entire asian market (ex Japan) combined? The US has already gone through what the Japenes and many other countries need to go through- a purging of excess corporate fat in order to create lean, mean international powerhouses. We witnessed that here in the 80's when the Japanese were supposedly taking over our country. Layoffs and losses were the headlines of the day. Remeber GM lost Billions not too long ago? Seems like eons. What we have in the US is the most competitive marketplace in the world where economic Darwinism is the name of the game. The Japanese need to realize that before they can continue on their road to prosperity. There is no way around this and yet they are like ostriches with their heads in the sand.

BK
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