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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (17658)	3/13/1998 2:20:00 AM
From: Big Bucks	Read Replies (2) \| Respond to of 70976

GM, It's great that you can wave the flag, that has nothing to do with the potential economic situation as it stands. Yes we have a strong economy, that is understood, it is however, influenced, whether directly or indirectly by external influences also. I merely question what the consequences of a significant negative change would do if the second largest economy in the world (and one of the largest exporters to the US) sinks deeper into economic turmoil due to payment defaults on loans by debtor nations. Indonesia has huge loans from Japan, their currency is worthless, the country is in economic chaos and will likely default on its international payments. Whether you want to believe it or not that has a tremendous influence on US markets. Just look at what happened to the markets when the Bre-X scandal manifested itself, and that was only a mining event. Forewarned is forearmed!!! Better to understand the issues than to hide from them and hope that they just disappear, IMO. Just my opinion, BB