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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: willcousa who wrote (10277)6/8/2004 3:28:45 PM
From: Ira Player  Read Replies (1) | Respond to of 25522
 
Other countries own more of America than you think, including Japan.

While the spectacular "showcase" purchases failed, the natural resource and other real estate purchases are still there...

Part of the bank issue in Japan is the attempts to hold these assets in the presence of severe real estate deflation IN JAPAN. Many of the US assets are still viable investments.

Lost my reference link from a few years back...from memory.

Ira



To: willcousa who wrote (10277)6/8/2004 3:29:46 PM
From: Big Bucks  Respond to of 25522
 
Will, they had lots of money since their corporatations
were fudging the books much worse than our corporations
have been..... They tried to buy cheap US assets because
their real estate bubble was way over-inflated...they
speculated, their bubble burst and we repurchased their
real estate assets for 1/2 of what they paid for them
originally....now if we can only sell them back to them
at 2x of the actual value... LOL