Ed: I don't know what the stock price of CPQ will be Monday or in a few months or years from now, but your arguments about the Asian crisis seems too simplistic.
<Once enough capitals flow into the Asian market to bridge the gap, the what so called crisis is over. We already heard that the G7 and IMF will fill additional money to the Korean industry, and Taiwan is to offer a loan of 10 Billion to Korea to help them to pass the current crisis, and once the money is there, we can officially announce the crisis is over,.....> etc etc.
All these money from IMF,Japan,Taiwan,U.S etc that your speak of are LOANS and not charitable contributions,and this money for one thing will have to be repaid. There are fundamental problems in these economies which will have to be addressed and resolved quickly in order for these countries to regain their past glory. If they think for a minitue they can export their way into prosperity,I say this 'thinking' is flawed.
Some of the things these countries need to do are:-
1.Implement strong and transparent banking regulations.
2.Develop a strong and healthy domestic market along with a strong
export market.
3.Formulate viable and tangible monetary & fiscal policies.
4.Eliminate corruption by introducing strong deterrents.
5.Promote true democracy (unlike Indonesia,singapore,Taiwan,Korea,
Malaysia etc.)
6.Adopt real capitalism by eliminating restrictive trade policies.
I can go on, but you get the idea, don't you? |
