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Strategies & Market Trends : Asia Forum

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To: Amelia Carhartt who wrote (5129)7/10/1998 5:55:00 PM
From: Stitch  Read Replies (1) of 9980
 
Susan, Bonnie;

<<A good number of peoples around the globe do not share our high opinion of ourselves and when the time comes that they can help put a pin in our bubble they will with glee. I don't know if people in this country realize how much the US is resented around the world, rightly or wrongly it matters not.>>

It is true that the U.S. is not neccessarily winning popularity votes in Asia these days and we have always suffered the scorn of the Europeans who can't quite shake their image of us as upstarts. However, I don't see anyone purposefully sticking a pin in our bubble. That would be tantamount to stewing the golden goose. I also do not see the Euro or the Yen offering an alternative to the dollar at least in the forseeable future.
Best,
Stitch


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