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.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Victor Lazlo who wrote (149389)	10/29/2002 11:39:14 AM
From: Jim Willie CB	Read Replies (2) \| Respond to of 164684

LazMan, you miss the saver point, it trumps all else we have worse accounting fraud, but that is coupled with horrendous crippling and eventually devastating debt Japan survived their K-Winter because they are savers will the USA? why do you focus so much on Japan? I asked you to view China as receiving the baton China is 25x larger than Japan, making it almost irrelevant within the confines of Asian discussion !!! Japan is 20 years ahead of us in timetable they survived so far due to savings creditor nations survive deflationary episodes debt nations are liquidated !!! will we survive? many Asian companies are govt-subsidized ok and what about American deficit spending, subsidizing US consumers with tax refunds, subsidizing US corporations with defense/ security/ farms/ university/ pork projects? you focus too much on Asian problems, and not enough on comparison to Americans I am hoodwinked? I dont think so I focus on both Asia and US against a backdrop where Asia saves absolutely prolifically while Americans spend prolifically and are in debt at levels never witnessed before in the history of mankind try focusing on USA in comparison start with our fraud even in the face of existing CFTC, SEC, FBI ruling bodies for every Japanese fraud case (I count a couple), you have 10 in USA stronger laws didnt help, did it? hoodwinked? you are funny think about your last comment "Japan doesnt spend enough to get their own economy going" their saving level saved them from collapse they now hold hundreds of billions of US$ to help them thru this mess furthermore, Japan owns its own debts what does the USA hold? $6,000,000,000,000 in federal debt (45% owned by foreigners) $12,000,000,000,000 in household debt $24,000,000,000,000 in corporate debt debtors are liquidated during deflations, remember that what good are stern accounting rules when they are violated? what good is technological develpmt when debts overshadow? arguing with you is like talking to a monkey / jim