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To: HammerHead who wrote (16307)1/18/1998 11:52:00 PM
From: Secret_Agent_Man  Read Replies (1) | Respond to of 24154
 
All, is Netscape going to recover or will MSFT the juggernaut prevail?
bg



To: HammerHead who wrote (16307)1/21/1998 3:08:00 PM
From: nommedeguerre  Respond to of 24154
 
Robert,

>>Yes, those irresponsible capitalists involving in lending Asian bad loan shouldn't get $100B aide from IMF either. If there weren't any governmnet intervention on the current Asia crises, the moratorium would had been imposed on Korea, Indonesia, and Thailand. The DOW will be at 6000 and sliding fast. And billions dollar of fortune will be wiped out from the capital marekt....

You forgot the Savings and Loan "investment downturn". Reminds me of the old expression: "A recession is when your neighbors lose their job, a depression is when you lose yours". Its all relative; the depth of government involvement seems more acceptable and necessary when its directly beneficial to oneself.

Come-on where is the Popular Capitalist Rand Front when you need them? The Man is spending our tax dollars to interfere with the interests of Big Business and you have nothing to say? Or is the Pacific the ideal example of the end-product of unrestrained capitalism; one of the chapters Rand left out in her ficticious forays into economics. Where would Microsoft be this year if the government wasn't loaning money to the Asians? People pulling the gold out of their teeth to fix the rickshaw are not going to buy that Office97 package they have been eyeing all year.

Take it easy,

Norm