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Governments Preparing To Bail Out DRAM Makers
An anonymous reader writes "DRAM makers are facing one of the worst downturns in their history and governments around the world are lining up to help companies through the mess. Taiwan, Germany and South Korea all appear poised to offer some assistance to their DRAM chip makers. The chip makers' problems are indicative of global woes. Easy lending terms and a bright view of the future prompted them to build too many new DRAM factories. Much of the new output was aimed at Microsoft's Windows Vista, which has higher memory requirements than XP."
I don't follow the financial world much
That much is obvious. Perhaps the words "Financial Crisis" didn't make it to Fox News yet?
Finally! A year of moderation! Ready for 2019?
Could you explain why the dollar gain strength when the american economy fails? Is it just because it's so big people trust it more?
The dollar got stronger because the world economy failed. With no confidence in any business, large quantities of risk-averse capital shifted towards US treasuries, which means dollars. For a few days, treasuries were actually sold with negative yield, meaning that people were willing to pay the US gov't to hold their money.
Yes but Americans didn't have to buy those Bricks known as SUVs, did they? Had Americans continued buying Dodge Shadows and Neons and other efficient cars, then Chrysler would have focused priority on those items.
But that's now what happened. Instead Americans grew tired of their econo-cars and started demanding big SUVs, making SUVs the top seller.
Businesspeople only do what their customers demand.
FOX NEWS.com should be BANNED from television and internet. Have the Congress take it over and give us Truespeak.