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To: IA who wrote (15105)	1/13/1998 11:26:00 AM
From: j g cordes	Respond to of 68130

Inder, thanks for the site.. go to this page there, please: bcapub.com Here's my question on their Asian effect. The DIRECT effect is posted here in a nice format. One sees each G7 country's estimated slowdown. However, isn't it true if England (for argument), slows by 2%... then England's slowdown will have an effect on the US also, perhaps an additional 1/4%. The US slowdown will also slow other countries... in other words its not just the relationship of Asia to each country, but also each country's effect on each other, which is accumulative and synergistic. I haven't seen any discussion of this point. Jim