Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (12063)	12/23/2001 9:51:49 PM
From: Moominoid	Read Replies (1) of 74559

Hi Jay I have visited Bangkok twice - in late 1996 and late 1999. I've been at the airport more often than that of course:) I definitely preferred the 1999 version, with its more relaxed pace. In 1996 hustlers were a real nuisance for a very white 6 foot 3 inch male person walking (God forbid) down the street. I had little hassle in 99 wherever I went. This despite the collapse in economic opportunities. Arriving in 96 with the horizon covered in towering incomplete buildings, cranes, freeways etc. reminded me of London in 1990 just before the 80s boom went to bust and I was very briefly a pseudo-yuppie consultant. The pollution and traffic were about the same too. As 1990 was the hottest summer on record in London the weather wasn't dissimilar too. On this trip, I'll get to take a look at Singapore, previously an airport-only visit for me. Hope I can cross the causeway and have a stroll around in Johore Baru too. Will also get to use the new Euro currency in Europe and see how things are in the US. The situation in Australia is that the common belief is that we just had our very brief recession post-GST and post-Olympics and now things are turning around. Canberra is however the only city where a poll of property dealers and investors showed more bullish than bearish about the property market for next year. I'd better get working on my presentation for Princeton soon... I'm provisionally titling it "What would you tell Bush about climate change?" That's after I read this quarterly report from Telecom NZ sitting in front of me.... David

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