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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Mark Fowler who wrote (39875)	2/13/1999 8:00:00 PM
From: GST	Read Replies (1) \| Respond to of 164684

Mark, Michelle and Sarmad - the point is this: if I buy a share of stock in AMZN, did I just engage in something called 'savings'? How much of your money did you 'save' last year? How much did you put into net stocks? How much gambling do you do? Is a speculative 'investment' another word for gambling? Or is it saving? Americans never 'saved' much, now they 'save' nothing, but Americans have been gambling, winning, and spending an increasing portion of what they win from gambling (sorry, you think of it as investment). I made post on a bubble economy concerning Japan -- the world champions at creating stock bubbles -- because people on this thread don't seem to get it -- when you speculate, you risk losing 100 percent of what you put on the table. Having nothing 'saved' means that when you lose, and many will, you have nothing left -- absolutely nothing. No investment in a speculative 'asset' (LOL) can be called saving - IMO. By the way, who do you think has been financing America all these years while we run huge trade deficits, budget deficits and current account deficits? Get a grip on reality -- Japanese having been saving money at a rate of something like 27% of their disposable income and letting us play with it -- now they want some of it back -- good luck to you on your gambling when you bluff is called and the bubble bursts.