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Strategies & Market Trends : New US Economy Policy -- Ignore unavailable to you. Want to Upgrade?


To: Arthur Tang who wrote (98)12/27/1997 10:43:00 AM
From: Arthur Tang  Read Replies (1) | Respond to of 435
 
How will our new economy save Asian economy?

Our new economy started by rebuilding capital with businesses all make money. If not, they are merged or acquired by a stronger company. Some were under management consulting and did turn around.

The wealth of the people in this country benefitted by the rising value of the stocks of their companies. Next year, in a few days, we will embark on the task of land development again. This will also build the wealth of this country and its people.

We are more fortunate than many countries because we had bit the bullet and spend the money on road building, dam building and transportation networks over the years. Asian countries mostly have not done as much as we did. So, on their supply side economy they can put in a great deal of efforts to create jobs and do land development. When they proceed on this venture, they will find themselves with higher standard of living. A better economy than what they had before.