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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (60774)	3/7/2005 10:49:08 PM
From: quehubo	Read Replies (2) \| Respond to of 74559

In 1997, the Asian financial crisis knocked out 6 million bpd of demand; prices fell by nearly three-quarters as a result. What a hoot, Free analysis what can one expect. Even the DOE EIA does a better job even though we probably pay too much. Odd that the world did not have a reduction in demand during the 1997 Asian crises. But someone is stating quite a massive decline, maybe if several Asian major cities disappeared then we would have the reduction stated. eia.doe.gov

To: TobagoJack who wrote (60774)	3/7/2005 10:57:14 PM
From: Taikun	Read Replies (2) \| Respond to of 74559

Hi Jay, Count on the Stratfor folks, eh? Did these guys go to University with Prechter or something? Now that you're back from your trip to China, which seems to be the engine of Asian growth, how much substance do you think their call has against a background of Chinese growth? For each hard landing article on China, there is one on a soft landing, and one on no landing. I think they are right about the interest rates, though. Global growth does seem to be slowing. We'll have to watch closely. Thanks, D