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Strategies & Market Trends : Asia Forum

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To: Worswick who wrote (7144)	10/16/1998 9:30:00 AM
From: Bosco	Read Replies (1) of 9980

Dear Clark - thanks for the URL. Yes, excessive capacities and technological shifts are heart wrenching forces. I used to live in the Rust Belt back in the 70s. It was not a pretty sight, even though I had no great love for the mine and steel unions of the time. Of course, the Rust Belt remains only as a namesake these days. Ultimately, if we have a longer term perspective [about which I am still struggling to profess,] Asia will become the tale of two cities. HK, Thailand and Korea will be revived b/c they are doing the right thing. Indonesia and Malaysia too marred to return to the path of glory without a St Helena scale eruption. And yes, Japan got the Head Ostrich award! best, Bosco

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