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To: xyz who wrote (3443)10/8/1998 12:23:00 PM
From: Malko  Read Replies (2) of 40688
 
Agreed.
I still do not understand how these" Economists and so called Analysts" figure out and decide overnight that there is a global economic crisis.
The funny thing is that :
1- Now Japan is said to be back on expansion tracks.(look at the strength of the Yen.)
2- Europe has been on a recovery status for the past 6 months or so.
3- Russia has been sick for the past 80 years.
4- The other Asian countries are totally dependant on Japan.
5 -South America is left. To the best of my knowledge, SA has never been such a world leader in Economics.

So what's so bad???? Fundamentally nothing. In fact the weakness of the Dollar is a great asset for US exporters.

So there is no logic to this general panic, except sheep following animal instinct of a few analysts who take great advantage of this situation.
Regards
Malko
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