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

To: Arthur Tang who wrote (165)	6/11/1998 8:39:00 AM
From: Arthur Tang	Read Replies (1) \| Respond to of 435

The new economy and EU? EU is a mixed blessing. Economy and politics have not been able to resolve all the sovereignty yet. Some countries can not meet the same requirements at their central banks. Hard currency reserves and gold and silver reserves all come to evaluation. When common currency comes about, only dollar reserve is important. Gold and Silver prices depend on usage demands for them; and they have been replaced by cheaper metals long time ago when those prices when haywire. On the other hand, dollar is supreme, because of our economy. Italy got in because of their trade with the US. So can the rest of the countries in Europe if they have an active export program and production capacity. What does that mean? They have to trade with us and become our supplementary economy. So does the rest of the world. What can they offer us? Not much. Because we are going self sufficient, by our product designs and our production automation. Our trade with them however will increase, since their wealth has improved with their stock markets. Our main export can not be automobile, much that we would like. We have big cars and they have small streets. But our clothing is a main attraction. We have to do more; because in travel films, everyone in different countries wear American style. Our foods they have resisted passionately, since GATT was formed. Our food may take away their food in their mouths. Our semiconductor technology they can not handle, changes too fast and too fussy. Our computers can help them with productivity. They will get even more rich, and we love to take some money from them. So much for that, we need to work on automation in clothing production to trade with Europe or EU someday.

To: Arthur Tang who wrote (165)	6/25/1998 9:53:00 AM
From: Les H	Read Replies (1) \| Respond to of 435

re: The New Economy and Asia? All you can post here is some drivel about travel and recreation. Many US companies are using the opportunity to make long-term investment in production capacity in Asia due to the cheap prices. Financial companies are using the opportunity to invest in banks, brokerages, and insurance companies to offer investment alternatives. Businesses are using the opportunity to get access to Asian funds and production capacity on the cheap, and all you can post is some drivel about travel. Most of the travel in Asia was by the Japanese; they have cut back by over 50%.