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

To: Paul Berliner who wrote (7908)	1/22/1999 6:52:00 PM
From: Michael Sphar	Respond to of 9980

The prescience of Orwell's vision in 1984 seems even more true today. Soon Chairman Greenspan's imperatorial shadow will cast larger than the legendary specter of Chairman Mao's. In the many countries that I have visited, exchanging dollars for goods and services has never posed a problem save perhaps one unfortunate incident with a lady of somewhat questionable repute in a back alley bar in Bangkok, though perhaps it was the liquor inside my head speaking. I've since learned that the Thai trust in Buddha, all others are expected to pay baht gold.

To: Paul Berliner who wrote (7908)	1/22/1999 9:59:00 PM
From: rich evans	Respond to of 9980

So with Global companies and global currency or two , what is the difference between the US with its different states and economies and different countries. No one measures the trade balances between states etc. and with the Euro and dollar being used everywhere , the Global economy is the key and the US statistics become as important as a States statistics IMO. Import/Export is a meaningless statistic for global companies who have plants /businesses are over the world using dollars as their contract reference and building their products whereever their customer desires and sometimes in multiple locations depending on the final sale customer with everyone linked :customer, OEM, distributor , manufacter, etc.Problems in Asia become like problems in the Rust Belt a few years back. So in analyzing doesn't one have to use a new pardigm? Rich.