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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?

To: X Y Zebra who wrote (501)	8/28/1998 4:58:00 PM
From: Frodo Baxter	Read Replies (1) \| Respond to of 3536

I've become quite the fan of your clarity of thought. However, I wish you can work on brevity, as well :) My biggest worry is this idea of increasing returns writ large. In other words, the old paradigm was that emerging markets suck in absolute wealth, but are real cool in terms of growth. Now, we're starting to realize that growth was illusory, backed solely by increased inputs (read: debt). What kind of jealousy and ill-will do you think we'll stir up if the world suddenly realizes that we're not only the richest nation in the history of the world, but also the fastest growing? (not to mention the freeest and bestest... My county tis of thee...)