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


To: Arthur Tang who wrote (167)6/18/1998 6:57:00 AM
From: Arthur Tang  Read Replies (2) | Respond to of 435
 
The new economy and central as well as south America?

Most countries in the Americas have adopted close to unified currency; and since have slipped against the dollar. Inflation has come down to less than 16%; but the interest rate has stay up to 24% in many countries.

To practice the new economy as we fine tune ours, the rest of the Latin countries have to lower their interest rates to promote growth and to provide liquidity for monetary expansion. The serious short fall of human rights (minimum governments' supplements for the poor) prevented the Latin American countries from maximizing their supply side economy. Population growth prevention also stalemated their chances for personal ambition and achievements. We work harder for our children, so they can have a better life.

So far so good. They have improved their farm outputs. They have improved their apparel and food businesses and exported to the United States. They have to manufacture more heavy equipment, for higher standard of living, to produce products and provide services.

It will not be too long before their new economy (strong demand side, weak supply side) will come along.