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To: Jacob Snyder who wrote (75538)7/6/2000 7:35:49 PM
From: DanD  Read Replies (1) | Respond to of 152472
 
No I remember when Russians would pay a months salary for a pare of Levi's and stand in Toilet paper lines for hours. While Japanese grabbed market share with production prowess and cheap high quality products.
The Genie is out of the bottle in both cases.
Russians are now buying everything in a freeer market as well as the rest of the communist world, and Japanese have run out of cost advantages and now have to compete on an equal footing. US Innovation and leadership in Technology has lead to the economic factors you mention.
Go play boogy-man somewhere else.
There are now 6 billion consumers in the world. They will not go away tomorrow. The world economy is much less fragile than the fragmented ones of old.

Dan D



To: Jacob Snyder who wrote (75538)7/7/2000 10:36:36 AM
From: Rajala  Read Replies (4) | Respond to of 152472
 
>American optimism, and ...
>...result of 4% unemployment, 2% inflation, peace, year
>after year of 20%+ stock market gains, and rising home
>values.

Very true, Jacob, very true. Not trying to put down these excellent achievements, as the natural dissident

In European Union, run by the goddam socialists:

Number of people w/o health cover: 0 (in the States 45 million)
Average annual vacation: 5 weeks
Necessity to collect college fund: not necessary
Necessity to collect pension fund: not necessary
Crime: low
Cost of medical care: low
Cost of dental care: low
Litigation: low
Necessity to teach kids not to talk to strangers: low
Peace of mind: high

OK so we pay over 4 USD/gal for gas and drive around in cars that fit into the back of the std american SUV. But then, our women are more generous if you know what I mean.

- rajala