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


To: William H Huebl who wrote (35219)12/12/1998 2:05:00 PM
From: Haim R. Branisteanu  Read Replies (3) | Respond to of 94695
 
Hi, Bill regarding Bangladesh they are 125 million people growing around 2% a year with a GDP of $1250 per capita, or about 4% of the US per capita GDP.

Now I am not sure how much buying power this represent for goods manufactured in the US.

As to your general comment I still do not get it and may be because you refer to a very previous post whose content I forgot.

My theory on SE Asia and Global economy is this - due to the globalisation of economic powers the standard of living must arrive to some sort of equilibrium.

Now how do you reconcile around 3 billion people with a $1200 to $3000 GDP per capita with $32,000??

IMHO very simple the $32,000 will lower it's relative standard of living and the $3000 will have it higher.

Result - prosperity there = recession on those shores. this adjustment will take several years not 6 months.

BWDIK
HAim