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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: michael97123 who wrote (51479)9/5/2001 10:58:36 AM
From: Sun Tzu  Read Replies (1) | Respond to of 70976
 
Thanks. While we are on the doom and gloom track, let me say what my biggest worry is. The economies of Asia is still pretty weak and Europe is deteriorating. So I think the best we can hope for is stablization at lower levels rather than a recovery. And that is all that I can deduce from the recent "good news" on the economy. BUT, there is a risk that Asia and LatAm will collapse under the pressure or even have civil unrest. There was a news the other week about a man in Peru who Chopped off his testicle in protest to the lousy economy!

How likely is another global crisis? I have no idea. It takes more time to research than I have at the moment. But it is something at the back of my mind and it bugs me.

good luck,
ST