[OPE-L:4668] Re: Re: A hard landing?

From: Alejandro Valle Baeza (valle@servidor.unam.mx)
Date: Mon Dec 11 2000 - 01:04:12 EST


Rakesh Narpat Bhandari wrote:

> A hard landing? Perhaps but there continues to be strong evidence
> that the US will continue to enjoy strong capital inflows--not only
> because US securities will be bolstered by instability abroad but
> because services may well lead the US to a trade surplus. See Joel
> Millman, "Outlook", Wall Street Journal, December 4, 2000, AI. The US
> will benefit from the knocking down of trade barriers in
> telecommunications, data processing, energy and financial services.
>
> Yours, Rakesh

Rakesh, thank you for this valuable information. However the hard landing
could be next year or so. Perhaps a recession would be necessary for
changes you refer.

Saludos cordiales

Alejandro






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