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Politics : Formerly About Applied Materials
AMAT 319.51-0.9%Jan 26 3:59 PM EST

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To: Katherine Derbyshire who wrote (23654)8/31/1998 12:12:00 PM
From: derek cao  Read Replies (1) of 70976
 
Off topic:

Re: you conveniently ignore Malaysia, Indonesia, North Korea, and Vietnam. Indonesia

conveniently? You are too modest. I DELIBERATELY ignored some of those poor countries.(I should put Malaysia in my list: per capita GDP $10,750. Disclaimer: My list is by no means complete.) Since those poor countries you mentioned are almost self contained economies, whatever happened there did not concerned me economically. On the other hand, are you able to ignore those countries on my list based on the number I provided? They clearly have the buying power.

Re: you wouldn't be likely to run out and buy an expensive American car anytime soon.

My point exactly. You simply can not ignore them, can you? Moreover, they will buy less their domestic products too and consume less raw materials. Key to the whole problem is how to encourage them to spend more.

Derek
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