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To: patron_anejo_por_favor who wrote (55140)	1/7/2001 6:25:49 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

Time to short "Taco Bell" (TMX)? nytimes.com But a lengthy recession could well trigger new resentments against Washington. When Thailand hit turbulent times, there was a sharp adverse reaction against the United States — which did not immediately come to the country's aid. Indonesia is already in the throes of an anti-American mood — sparked in part by Islamic fundamentalists — and across Asia a prolonged slowdown now could rekindle suspicions that the United States turns the trade spigot on and off for its own advantage. The effects may also be felt acutely in Mexico, which sends more than 80 percent of its exports to the United States — accounting for 21 percent of Mexico's gross domestic product. Goldman, Sachs is already predicting a sharp economic slowdown in Mexico this year. That could greatly complicate the task of the country's new president, Vicente Fox Quesada, the world leader Mr. Bush talks about most frequently. There are other, more complex, troubles anticipated in Latin America. The same oil price increases that have vexed American consumers have helped bolster Russia, Mexico, Venezuela, Colombia and Ecuador. Now the slowing American economy seems likely to reduce oil demand, and with it prices. Consumers here will be relieved; much of Latin America may be back in trouble.