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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (20776)6/21/1998 7:54:00 AM
From: bearshark  Read Replies (1) | Respond to of 94695
 
Haim: From the Korean Times there is an article that 50,000 workers may lose their jobs in S. Korea because of closing of the non-viable companies. There are also complaints that many of the 55 companies identified for closing were already closed or not operating. So some of the planned closings may actually be bogus. Remember the saying that goes something like "the soul is willing but the flesh is weak." Now that I write it it sounds biblical. People, quite often, know what needs to be done but cannot always follow through. However, they usually accomplish some part of what they say.

Japan's "soul" now seems to be willing. I would assume that their representatives to the meeting this weekend could count numbers. It should be the world vs. Japan. Those odds are persuasive. So I would expect them to be more willing. Now if the engine just keeps repeating "I know I can, I know I can" maybe they will achieve more than they ever thought possible.

If Japan and Korea can come back, China can get moving again. I was surprised to read that China is already the world's third largest economy. That brings us to another saying "Vengeance is mine sayeth the commodity producers." And this will lead to the inflation that you mentioned earlier. It is just a matter of timing.