Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 150.55

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11:53 AM EST

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To: Katherine Derbyshire who wrote (6383)	7/29/1998 8:22:00 AM
From: Mason Barge	Read Replies (1) of 10921

Re << ask citizens of either country whether they would prefer lifetime employment or massive cyclical layoffs. . . govt has served them well for thousands of years>> A vast oversimplification of even the theoretical issue. Ask any Russian the same question -- you still had the wholescale dismantling of the world's most prominent socialist economy. Of course, Japan isn't in their league, as far as the degree of government control of the economy, but then as resistant to change as Japan may be, their system is easier to modify than the USSR's was. The Japanese are very conservative, compounded by their intense ethnic identification and historical pride. But they aren't stupid, and they aren't going to put up with the government much longer. They have access to Western ideas. I disagree that the government has served them well. Its record is decidedly mixed, having sent their sons to mass slaughter in one of the stupidest moves in all history, i.e. bombing Pearl Harbor. The rebuilding of the economy was brilliant, but it's out of gas and unable or unwilling to adapt. I fully believe that the people are going to show their wrath at the polls in the next September elections and the LDP is going to get bounced, unless there is a miraculous economic turnaround. The Japanese are already starting to vote with their bank accounts. This is as effective for them as the ballot box. As capital disappears from the Japanese Postal Savings system and appears in US Treasure Auctions, the economic pinch is going to magnify. The hidden bosses have built their corporate market share (in many cases) the same way they started WWII -- on the backs of the people, only in this case abusing their capital as opposed to their sons. Oh well, we'll see, won't we?

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