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Strategies & Market Trends : Asia Forum

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To: Thomas Haegin who wrote (991)	1/16/1998 12:05:00 PM
From: Worswick	Read Replies (2) of 9980

Watch this deflationary scenario as it unfolds. Gold collpsing, petroleum, copper, petrochemicals... along with currencies. Include computers, clothing, cars made in Asia. The longer term problem here on the crisis thread that we're developing here is watching a global credit implosion as commodities and assets collapse in value. As people around the globe compete things will get cheaper...and cheaper...and cheaper. Soon Thomas gasoline will get to 1 US penny a gallon and then the Europeans with gas at $3.01 a gallon will wonder about the real pageant of things. My god in your last post Barton says the Nikei at 8,000: the Hang Seng at 3,000 and he claims he's never been wrong(recently). Well I guess pencils (to sell in the street) will be cheaper too.

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