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Politics : Idea Of The Day
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To: KM who wrote (14718)11/18/1997 3:41:00 PM
From: dougjn   of 50167
 
Truf, do you have a take on Korean/Japanese banks/currency? That to me is the big issue.

Certainly this is getting to be known. But Korea could get real nasty. And US congress doesn't seem too disposed to jump in.

(If we do have to, isn't it about time we started excacting some sort of tribute for being the world's saviour? Like what? I don't know, Some kind of equity kicker, in a sense.....)

But is this priced in yet. Korea is gonna make collapsing noises pretty soon, worse than so far, I'm pretty sure. And they can't do much themselves, and the Japanese aren't exactly in best position to do more than token.....

But it MIGHT be priced in.

Cramer this am didn't really have me convinced. (And I think he's gotten creamed by the drillers.... Not that that means anything, no one is always right.)

Regards, Doug
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