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To: Ahda who wrote (1226)	2/1/1998 1:37:00 PM
From: Lalit Jain	Respond to of 1756

Market turmoil has the poor angry and on the march "......In Asia, the financial crisis set off by the devaluation of the Thai baht last July 2 will keep millions in poverty who might otherwise have expected jobs in the region's fast-growing economies. Already 950 million Asians survive on, at most, $1 a day, according to the United Nations Development Program (UNDP). Many more are likely to join their ranks in the coming year......" Full article: nando.net ********************************************************* The western nations are bound to be affected sooner ar later. My own feeling is that, the West will only start to slow down in the second half of 1998 and into 1999, as an aftershock from the deflation that is currently taking place in some parts of Asia. IMO, the liquidity that will be required to be pumped into the 3rd world, to prevent a revolution in those parts of the world, will lead to much higher inflation starting 1999. Regards, Lalit Jain