Silicon Investor (SI) -- The First Internet Community

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.

Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: Boplicity who wrote (11692)	3/20/2001 1:38:39 AM
From: MulhollandDrive	Read Replies (1) \| Respond to of 13572

I agree we are unlike the island. I suppose the only parallel I draw with Japan is our aging demographics. One of the problems with the Japanese is their refusal to spend. They save very well, but they are putting the money "under the mattress" so to speak. I believe I read once our economy is driven over 60% by the consumer. If our boomers close their wallets out of deference to their impending retirements.... well, you see the implications. The Japanese poured their money into the Nikkei and created an asset bubble like we had with the NAZ. When you're very young I believe greed is the stronger motivating factor. When you're aging, I think it's fear. Capital preservation rules, thus I feel we have the potential for the "L" type of "recovery". There are positives that could certainly change that outlook and turn it into a "U", but for right now, the visibility just doesn't seem to be there. Now say goodnite, Greggie.