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Strategies & Market Trends : Asia Forum
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To: Stitch who wrote (3915)5/28/1998 9:57:00 AM
From: Worswick   of 9980
 
Good morning. You're passionate and heart felt but insightful post is right on the mark. Outside the world of investing, government progrms and commerical endeavors men and women face a much bleaker prospect in Asia than they did last year.

You just have to believe the center will hold because the prospect of any of these Asian countries coming unstuck will be paid for in blood by people, mostly, by those who have no defenses. The poor. The weak. The disinfranchised.

At the same time what is happening in Asia is evolutionary in terms of these countries and these economies. More people are now solidly in the middle clas, more people have received educations, many more Asians have an enormous pride in who they are and they don't see themselves as cultural or commerical adjuncts - if they ever did - to the west.

Beyond the valley, hopefuly, are the mountains.

But it's going to be a hard slog through the valley and then through the swamp.
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