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Strategies & Market Trends : Asia Forum

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To: Mohan Marette who wrote (2247)	2/17/1998 12:47:00 PM
From: Ramsey Su	of 9980

Mohan, after giving it some more thought, the best chance for Indonesia's survival still rests with Suharto. Stability is more important than anything else now. A bad government is far superior to no government, especially in countries like Indo where there are really no alternatives for the masses to choose from. About the peg/board, what is good for Suharto and his gang may also be good for the country. Can they indeed strong arm an unorthodox Indo approach by limiting liquidity, force creditors to roll over loans in some type of a Rupiah peg and domestically employ some price freezes techniques (almost deployed by Nixon in the US a couple of decades ago)? These are just some questions, not my opinion. Ramsey

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