-Caveat Lector-

In a message dated 1/18/99 10:55:33 AM Eastern Standard Time,
[EMAIL PROTECTED] writes:

<<
 We are fascinated at how not only the Brazilian crisis but also
 other regional crises have been regionally contained.  The
 geography of economic crisis has not only challenged myths of
 globalization and economies without borders, but also reinforced,
 in our mind, the essentially national and regional character of
 economic activity.  The Japanese market fell nearly a quarter of
 its value since July.  The American market is higher than it was.
 Economic life seems to have a national and regional cast rather
 than a global one.  Brazil has a crisis.  Elsewhere, life goes on
 at its own pace and direction.  This is important news. >>

Did anyone else read the column by Sebastian Rotella in the Los Angeles Times.
It was "Behind Condominium Gates and Electronic Security, Brazil's Wealthy
Tremble."  It gave a picture of the wealthy Brazilians living in well guarded
enclaves from which they try never to venture forth.  They are under constant
threat of robbery and kidnappings.  It claims that more and more Brazilians
avoid public spaces and conventional homes in favor of closed streets and
controlled environments.  Even in the so-so city in which I live, I notice
more an more gated communities and restricted areas.  When I see the way we
are going in the US, it is possible that the Brazilian experience is what we
have to look forward to.  Even though the lowly and downtrodden in this world
were never invited to the homes of the rich and famous, they were at least
allowed to admire their houses.  No more.  Prudy

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