Lee Kuan Yew's Contrarian Outlook for U.S.: William P

[David Farber <dave () farber net>]

Lee Kuan Yew's Contrarian Outlook for U.S.: William Pesek Jr.
2004-12-06 17:10 (New York)

Lee Kuan Yew's Contrarian Outlook for U.S.: William Pesek Jr.

     (Commentary. William Pesek Jr. is a columnist for Bloomberg
News. The opinions expressed are his own.)

By William Pesek Jr.
    Dec. 7 (Bloomberg) -- Anyone visiting Vientiane, Laos, last
week, when 13 Asian leaders met, could be excused for wondering if
George Soros is right about the U.S. economy.
     Soros painted an ominous picture of America's future in his
book ``The Bubble of American Supremacy.'' Judging by how the U.S.
seemed all but ignored by leaders attending the Association of
Southeast Asian Nations, or Asean, summit, Soros might be on to
something.
     When the U.S. did come up, it was often in a negative light.
What if the dollar crashes? When will the U.S. stop living beyond
its means? Will the mess in Iraq ever get sorted out? Might the
Bush administration invade North Korea? How will the Federal
Reserve's interest rate increases affect Asia?

<snip>

http://www.iht.com/articles/2004/12/07/bloomberg/sxpesek.html

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