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To: maceng2 who wrote (24733)	10/30/2002 7:21:06 PM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Hello PB, My view on globalization is that (a) it is a threat to as well as an opportunity for me, (b) I will making an active living and a passive existence regardless of what happen, but (c) globalization does make matters more difficult for me even as it opens up vast possibilities. I am investigating two operating businesses that can tap into the nutrient rich artery of globalization, even as I am concerned about its deflationary effects. On <<There will be a political backlash within a year or two>>, I suspect they will not make one iota of difference in the big picture. Chugs, Jay

To: maceng2 who wrote (24733)	10/30/2002 8:58:26 PM
From: LLCF	Respond to of 74559

Wouldn't be surprised... IMO Global trade will need many rounds of "adjustments" in the form of various eco/environmental rule changes each one of which may 'look like' protectionism and could take years to work out. Fisheries and other foods are clearly major ones. Why anyone thinks a loaf of bread should necessarily be shipped from Chicago to Frankfurt is beyond me. As an American and former EU resident I will say that there are lot's of foods made in America that I think should not only be allowed into the EU but should be banned HERE as well. DAK