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To: JMD who wrote (10846)5/24/1998 12:04:00 AM
From: Maurice Winn  Read Replies (2) | Respond to of 152472
 
Mike, Uniden pulls back, conveniently right next to Qualcomm. Qualcomm buys in. Everyone rehired. Life rolls on just as before. Samsung sells out. GEC or somebody buys in. The Fed can print a LOT of dollars and lots of USA companies have a low debt ratio. They can buy a LOT of Korean and Japanese shares at the right price. And have been doing so lately. Indonesia changes chief monkey? India has a nuke? No worries. Small bananas.

Look at the good old days.
Stalin rolls tanks into Europe. Oil hits $40 per barrel. Communists take over in China. 20 million dead in China. Same in USSR. Same in Western Europe. Untold famines in Africa. Huge debts in USA lead to 1929. Big trade barriers. War in Israel. War in Vietnam. War in Korea. Japan recovering from WWII disaster for decades. Throw in some polio epidemics, influenza out-breaks, smallpox, etc. Cross border business very hard to transact. No lingua franca. No Web. No CNN. Life expectancy nearer 50 than 100. Even in USA!

No worries! Let's not grizzle that the Cadillac got a flat tyre.

Okay now? C'mon, chin up, smile. Get ready for cdmaOne to roll in Japan.

Mqurice
New Paradigm Rulz are just lovely.



To: JMD who wrote (10846)5/24/1998 3:15:00 PM
From: William Marsh  Respond to of 152472
 
There is a very troubling article in this months' Atlantic Monthly on Japan. Basically it says the whole "Asian miracle" has been financed by Japan (60% of Thailands' debt, for instance) and that an aging and conservative population is unlikely to support the social, political and economic reforms required to to right the situation.