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To: James Yu who wrote (819)11/16/1998 11:51:00 AM
From: James Yu  Read Replies (1) | Respond to of 3187
 
I believe that we have a lot of economic momentums to pull the rest of the world out of the economic ditch.
1. The U.S. and Japan may announce a joint plan to help the region cope with its economic crisis.
2. Japan's Cabinet approves a record economic stimulus worth $196 billion in an effort to end the its worst recession in decades.
3. International Monetary Fund (IMF) will get $90 billion fund from institutions and governments to help region cope with its economic crisis.
4. Brazil will get $42 billion aid package from IMF.

From all of good news, I don't believe the economy will go worse than ever and I do believe U.S. economy will go to solid growth in the future. Any comments?

Best wishes

James