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

To: Don Earl who wrote (126)	12/25/1997 12:15:00 AM
From: Don Earl	Read Replies (3) \| Respond to of 9980

More stuff: iworld.net stat-usa.gov ita.doc.gov (from ita.doc.gov interesting site) yahoo.com The more research I do the more certain I become that this is NOT something that "just happened". Comparing the trade barriers of pre "crisis" to the conditions being imposed by the IMF, it appears to me that Asia has been carefully manipulated into a position where the US can expand into their economy. 1. US factory costs in Asia related to labor and production have been reduced by a third because of currency exchange rates. 2. Short term borrowings in US dollars by competing Asian companies have increased by 1/3 due to exchange rates. This will force many Asian companies out of business and make facilities available for US expansion at pennies on the dollar. 3. Control of insurance and banking will shift to the US. 4. Exports to the US will increase but the profits will be going to US companies with operations in Asia. 5. Consumer prices in the US will drop because of lower production costs, which will create a bigger market for electronics and computers. 6. Profit margins for US companies with factories in Asia will increase dramatically in 1998. Am I the only bull in a bear market? Yeah, probably.