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To: Shi who wrote (13523)	8/10/1998 7:46:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 152472

Eudora Pro can handle several email addresses. I use a couple. I didn't set it up, and all the emails go in one in-tray, but I suppose different in-trays can be set up. I've just had a look, but can't see how you'd do it - maybe not! Jon, on the volume today, that is because there is big upward pressure built in. The $80 figure will be here soon! By 31 August - guaranteed. Few sellers. Buyers hoping for a drop. No luck. Momentum up will come soon. Krugman and Acampora no good! *off topic* Shi, I can't let that pass! "As bad and unfortunate as the flood in China is (240 mil. affected and >2000 dead), will it save China's economy as a whole?" An economy is the amount of production going on in a country, measured various ways, none of them very accurately, but good enough for most purposes. Your suggestion is comparable to the idea that war is economically productive. Tell that to the people who lived in Hiroshima! Victors in wars certainly can benefit since they might get lots of loot and land. But that is different from economically productive. Even that is questionable these days because wealth is not land based or loot based. Wealth is creativity based. It is hard to steal neurons from people. And whipping them doesn't enhance creativity, though slaves might be good for dragging rocks to the top of a pyramid. The floods in China are bad! They are bad for the flooded people. They are bad for the Communist Party running China. They are bad for the USA government. They are bad for you and they are bad for me. Some people living next door to the flooded and drowned might benefit by getting some free and vacant land when the floods recede. But that doesn't make China's economy as a whole better. Destruction is not economically productive. Nor is war. Nor is robbery by L M Ericsson or any thieving governments they can convince. Devaluation of the Yuan is not at all necessarily a reality. That is solely a function of the decision of the Yuan printers. They might decide to just let everyone argue over the Yuan in circulation and negotiate pay cuts or rises depending on demand. Personally, I consider printing and devaluation an irresistible temptation by most money producers, so it is likely, but they might decide simply to outdo the free-market fans in the USA and Japan who are loathe to let markets decide. Once again, because you really hit a hot button, floods and earthquakes, even if they do dump a load of silt and rubble, are not economically productive! Kobe might end up looking all brand new, but that value came from somewhere else. It is not proof of "yay for earthquakes". Mqurice