Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Katherine Derbyshire who wrote (23666)	8/31/1998 4:03:00 PM
From: derek cao	Read Replies (2) \| Respond to of 70976

Off topic: Re: At least in Japan, a large chunk of personal savings is in the postal savings system, which I think buys Japanese government bonds. Where do you think the Japanese government bonds used on? Re: Another large chunk is in the US markets, especially Treasuries. Who do you think continue to finance the US trade deficit? Do you think this can continue forever? Re: Asia was viewed as a paragon of virtue because of their high savings rates compared to those spendthrift Americans. Saving need moderating. Too much is bad, so is too little. Re: Now they have to spend their hard-earned yen/won/yuan in order to rescue our economy Their spending will save their economies. Benefiting US is just a by-product. Re: even though every human instinct (and quite a few tangible facts) tells them the money is better off under a mattress. Not likely to happen Agree. That is why the future does not look very promising for now. It will be very difficult job for those asian governments. I hope they can succeed. Re: If our prosperity depends on the Japanese consumer's lust for overpriced American goods, we are in deep trouble. Unfortunately, we are in global economy. As long as you have trade, everyone is connected somehow. But you can always stop trade<g>. Just kidding. Katherine, your response is very disappointing. Looking forward better ones. Derek