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

To: peter michaelson who wrote (3136)	4/14/1998 9:32:00 PM
From: k.ramesh	Read Replies (2) \| Respond to of 9980

You feel more free here, and yet you contradict by saying how every one is rushing around to stay in the same place. Peer pressure, loss of freedom? Five years ago I would have agreed to feeling more free here. You get away from hundreds of expectations on how your life should be lived when you come to a new country, but that could be said for running away to Mongolia too. The Indian network is just too wide to be out of, you can run but not hide - which is cool by the way. Maybe the world is shrinking so fast that there is no 'there' to get away to anymore. No quibbles about the geography and heck, without the automobile one would n't have seen a tenth of it. So no small part of America's geography is its accessibility. One of stunningest examples is Multnomah Falls near Portland, practicall on the I 84, Oregon is heaven, in case you did not know. Back to every one is busy and under credit card debt etc. I begin to wonder how much of that is media myth. Most people I know are pretty prudent all a round money wise, otherwise. Like the media/culture tries to build a cachet around being busy , running late all the time, cell phone beeper etc. Maybe here America has succeeded wildly in making everyone feel that 'I'm Ok, it is every one else I feel sorry for' .Someone once said that this was like identifying with a class above you, even if you are shlepping away at 20k a year so long as you think like the millionaire and have hope and optimism, you might as well be that millionaire.

To: peter michaelson who wrote (3136)	4/14/1998 10:53:00 PM
From: DMaA	Read Replies (1) \| Respond to of 9980

Several Germans and Scandinavians live in my neighborhood, because, they say, they feel more free here. The Norwegian government even second guesses parents' choice of names for their children and if they don't approve, has the right to veto the choice. Freedom has a lot going for it. And as a bonus, it countries that practice it, the citizens also get rich.

To: peter michaelson who wrote (3136)	4/15/1998 9:37:00 AM
From: Worswick	Read Replies (1) \| Respond to of 9980

Let's see. What is the prosperity of America and the world built upon? My flagging memory seems to remember that in 1990 the "average" US household had a bank balance of $800-900. Today, the "average" American household has a credit card balance to pay off of $4,100. Hey, we're a nation of shoppers. I seem to remember this from my reading of James Dale Davidson. Is he right? Are these figures correct. If this is the case then there is a wall somewhere ahead...out there in the mists...and a time when you can't rock and roll the credit cards, and get new credit to pay off old credit. At this point the individual American Ponzi sheme will end like every Ponzi scheme. ...the American economy, remember, is 60% driven by consumer articles. As for all the happy Indians and Chinese and people from Fiji who live in America when the money runs out.... then, they will go home where they can lead happier more spiritutal lives. The only question is: Will they take us home with them and teach us the eternal verities? Will Hannah the ant lady of Intel have a room in Bangalore? Will thee sufi mysteries replace her Visa? This prosperity seems very unbalanced.

To: peter michaelson who wrote (3136)	4/15/1998 9:58:00 AM
From: Mohan Marette	Respond to of 9980

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