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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?


To: Don Green who wrote (484)6/14/1998 11:30:00 PM
From: Step1  Respond to of 49134
 
Hi Don, in answer to your questions.

For the most part I teach English and French down south. Beautiful place and a well kept secret.
For the rest of the message, I am not going to comment on the long memory part, but I do agree that it is only a matter of time before Asia comes back. How much time, that is the question though and especially from a mortal investor like me, I could say that time is everything... From a galatic perspective, earthling time is of no bearing, it all depends how you look at it. The second question that begs an answer is : What country (or countries) will make a roaring come back? Asia is incredibly diverse (so is Europe) and investing your money in Spain is a lot different than putting it in Finland...

As far as the recession is concerned, I think you are right to say that people got use to the slow down, but this time it is different Don. We are talking about people losing their jobs at YAMAICHI! A company that had been in business more than a hundred years.

I think a few more catastrophic failures are really needed to jolt them, but that may well be coming at the end of the summer. Otherwise (i stress this though, this is from an Easterner's perspective) it appears as business as usual. Lay offs really scare people here. Companies hire people once, out of universities, age 22-24. If you miss the boat, you are left with the scraps...

Kumamoto had an prefectural election to choose a governor (shu gi in): voter turnout: 48%

sg