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Text File  |  1993-01-27  |  1.7 KB  |  46 lines
  1. Newsgroups: misc.invest
  2. Path: sparky!uunet!tcsi.com!iat.holonet.net!news.cerf.net!usc!sdd.hp.com!apollo.hp.com!netnews
  3. From: goykhman@apollo.hp.com (Red Herring)
  4. Subject: Re: Bankruptcy by 1995..
  5. Sender: usenet@apollo.hp.com (Usenet News)
  6. Message-ID: <C1H49y.5Ms@apollo.hp.com>
  7. Date: Tue, 26 Jan 1993 18:20:22 GMT
  8. Nntp-Posting-Host: dzoo.ch.apollo.hp.com
  9. Organization: Hewlett-Packard Company, Chelmsford, MA
  10. Lines: 34
  11.  
  12. In article <4259@master.CNA.TEK.COM> mikeq@freddy.CNA.TEK.COM writes:
  13. ...
  14. >How about just letting the whole system collapse and see what rises out
  15. >of the ashes?  There's a buck to be made in any economic situation, even
  16. >national economic/social disintegration!
  17.  
  18.     The whole system is not going to collapse any time soon, probably
  19.     not within the next 30-40 years, and certainly not before the 
  20.     Italian one does.
  21. >   
  22. >Besides, American democracy can't possibly survive anyway. Our problems
  23. >are too overwhelming; our people too ill-educated, nonproductive,
  24. >dependent, and apathetic; our government too corrupt and self-serving.
  25.  
  26.     Ill-educated???  Just yesterday I saw some figures indicating
  27.     that ~22% of the US labor force had college degrees vs. 10-13% 
  28.     that of our major economic competitors' (source: OECD).
  29.  
  30.     Non-productive?  How about being one of the most productive 
  31.     in the world.
  32.  
  33.     Much of US-bashing going on is politically motivated:
  34.     Clintonites need to sell their "investment" programs
  35.     to the public so that they have money to reward the Party 
  36.     faithfuls.
  37.  
  38.  
  39.  
  40.  
  41. -- 
  42. -----------------------------------------------------------------------------------
  43. "Follow the money" Deep Throat
  44. Disclaimer: Other opinions are mine only
  45. -----------------------------------------------------------------------------------
  46.