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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Liatris Spicata who wrote (7624)12/1/1998 9:15:00 AM
From: Bosco  Read Replies (1) | Respond to of 9980
 
G'day all - dear Larry, it is a noble idea. Maybe you want to a Charity thread or something like that. Also, there are a lot of Foundations awash of cash [proceeds from the roaring market.] Offhand, I think Friends [the Quaker folks] gives out scholarship [in a more conventional setting.]

I did not read the story; however, if indeed Eun Joo is a talented individual, art schools and famed teachers are probably more than willing waive tuition and room and board. Since I have not followed up with the story, I don't know what age group - and thus potential school - Eun Joo belongs to.

The idea of getting the foundations and/or schools to pay for the education is to free up individual contributors' fund for other pressing needs. It is estimated that 800,000 to 3 mil N Koreans are at risk. Indonesia just got an earthquake. Ok, probably it is better to funnel funds to these countries via organisations like Red Cross or Oxfam, with obvious reasons.

While this is slightly offtopic, I think it is an extremely worthwhile discussion - worthy of continuation. Thanks

best, Bosco



To: Liatris Spicata who wrote (7624)12/1/1998 9:07:00 PM
From: Z268  Read Replies (1) | Respond to of 9980
 
Larry,

Good to see there are many of us who resonate with the social effects of the economic crisis in Asia, regardless of the causes and who is to blame. I posted the articles because I can absolutely relate to these people (please refer to my email). The article on the Kim family was particularly well written, and strikes a chord with the average American middle class family because we can relate to them.

It is interesting to note that in his recent visit to Korea, President Clinton hailed Korea as the model of economic recovery. We should not forget that there is a huge human cost side, shouldered largely by millions of families who are but pawns in the global endeavour towards a better lifestyle. Most of these people have no idea what has hit them, let alone why.

Best,
Steve Yeo