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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Pete Young who wrote (20)	12/21/1997 11:03:00 PM
From: Kurthend	Read Replies (1) \| Respond to of 9980

I don't disagree with everything you say, but I do differ on a few points. <<<<Seems to me, and increasingly to the conventional wisdom, that worldwide, the economy is suffering from a lack of demand.>>> Maybe now that the US dollar is so strong (esp in Asia). There is still relatively strong demand in Latin America and Europe. RE: private capital flows-maybe those that make the decisions to invest in emerging markets looked at things such as a 3.5:1 (Dept to equity) ratio and realized these markets/companies need to stabilize first. It does no good to poor money into a company if the company only produces revenues with no earnings