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Strategies & Market Trends : Asia Forum
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To: Worswick who wrote (4135)6/3/1998 11:06:00 AM
From: Bill Ounce  Read Replies (2) of 9980
 
we are seeing continual raw materials deflation

That's really bad news for places that export this stuff (Russia, Australia, African and Mideast nations)

Not certain that this will set us up for the biggest boom ever.

I was totally surprised to see that cash flow problems are reducing the ability of East Asian exporters to take advantage of recent currency devaluations. You can't export as efficiently when your local economy is collapsing...
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