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Strategies & Market Trends : Asia Forum

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To: Worswick who wrote (2961)	4/8/1998 12:15:00 PM
From: Tommaso	Read Replies (1) of 9980

I'm not even very fond of Galbraith, although I always enjoy reading his young-man book about the 1929 crash and I understand that he and his wife were extraordinarily kind to visitors, of which they had a great many on Francis Ave. But Galbraith developed a kind of liberal superciliousness and a way of sneering rather than arguing--which I guess he thought was a display of cleverness--particularly in his comments on monetarist economists and most particularly on Milton Friedman. By the way, please note that I was thinking of Sweden, France, and Germany, which lie to the west of Russia (sources of invasions of Russia). Coming from the other way Genghis Khan, at least, was a howling success. I forget what Tamburlaine did. The news about the IMF and Indonesia sounds a little more cheerful today. Hey! Maybe things will go exactly the opposite from your scenario--American money will rush into Asia (including Japan) and out of the U. S. stock market. And why shouldn't all those Japanese savers in the Postal accounts be at least as interested in economies closer to home as they would be in a grossly inflated American market? They look like much better buys to me. I am doing fine in Korea.

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