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Strategies & Market Trends : Asia Forum

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To: Stitch who wrote (6296)9/9/1998 4:08:00 PM
From: Ron Bower  Read Replies (2) of 9980
 
Stitch,

A New Zealand friend of my daughter just left after spending two weeks here. I asked her about the situation there and she didn't know what I was referring to. "I said the economy. We are hearing that it's bad." She says "Well, I heard the stock market was down. The exchange rate had changed when I went to get $US and the trip is costing a lot more than I had expected." I asked about unemployment. "I don't know. I have a job and if I lose it, I can always get another one." She's a secretary with a mid sized import/export company there.

She knew a lot about rugby.

While we're getting wrapped up in markets and currencies, the average working person notices very little change in their lives.

They aren't trying to buy a new Mercedes.

Best at ya,
Ron

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