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To: Dwight E. Karlsen who wrote (13771)1/17/1998 3:24:00 AM
From: ed  Read Replies (1) | Respond to of 97611
 
I am talking economic chain reaction. Just look at BA and the news, it just lost 600 million
business from Philipine. This is just one order. Let say BA lay off 2000 employee as a result
of this,and those 2000 unfortunates will tight their belts and spend less, i.e buy less cars,buy
less houses, furnitures ....etc, then companies here sell cars, furnitures, building houses will
lay off more, just on and on ... This is what I called chain reaction. What is more the US
is selling more and more to Asia, just look at the semiconducor manufacturers, the defense industry ( Korea will tight its defense spendings as a result of recent crisis, you guess who will get hurt ?