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Pastimes : Ask Mohan about the Market
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To: IQBAL LATIF who wrote (13608)1/30/1998 8:54:00 AM
From: Zeev Hed  Read Replies (2) of 18056
 
Iqbal, I think that we both agree on the long term view, we are going to add a good 100,000,000 new consumers to the world economy in the next 10 years beyond the natural growth of the developped countries and this will supply the demand for the world economy engine and absorb whatever temporary overcapacity is in place right now. But in the short term, if we do not stimulate demand, a spiraling down defalationary process could still bring the world economy on its knee. That is why i see the next few months as still dangerous.

Zeev
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