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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (9240)	4/2/2008 10:38:45 PM
From: Hawkmoon	Respond to of 33421

Why? Asia is capitalist. The US is socialist. The world's wealth moves from the socialist nations to the capitalist nations. You really believe that? My girlfriend is Japanese.. There they don't even have to file taxes because their companies automatically withdraw it from their checks and pay it for them. They get nearly free medical care. Up until a few years ago, layoff was a dirty word (and probably still is). Up until the last couple of years, the largest savings institution was government owned (postal savings).. She constantly bemoans the fact that here in the states her medical benefits are too expensive. Her last job had a $1000 deductible and no dental and during a recent visit back to Japan to renew her visa she did her dental work.. She just took a job with a Japanese company here in the states and now her benefits are full health, dental, and they'll even pay $600/year for her health club membership.. China? Capitalist only so long as it serves the agenda of the communist party (essentially Fascist now). All health care is very low priced insurance (where available). India.. attempting universal health care.. So I hardly see where Asian nations are a paragon of capitalism.. And while we're definitely developing socialist tendencies, I don't think we've quite given up our capitalist pedigree yet. Just my opinion Hawk