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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: cheryl williamson who wrote (59417)	3/11/2004 1:43:55 AM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 64865

here's what is wierd to me about the 30s vs. now. Maybe somebody knows this. Today we really aren't experiencing the same kind of "post bubble lethargy" in the economy as say Japan with their 10 year recession. In actuality, we have worked through a lot of the excess capacity from the 90s (not all especially the business sector) and our economy really is not bad- EXCEPT the problem is the recovery is occurring in India and China. This is different than Japan, Japan didn't create jobs anywhere else and decline from that. If we didn't have this offshoring problem we would probably have demand in US IT infrastructure too, the problem there is no US knowledge workers to use the bandwidth. So what happened in the 30s, weren't we more like Japan?