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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Terry Whitman who wrote (25253)3/15/1999 9:59:00 AM
From: Earlie  Read Replies (1) of 86076
 
Terry:

I fully agree. A Chinese devaluation is a given, and it is near term. Inventories over there are frightening, unemployment and lay-offs mount and their banking system makes Japan's look like a monastery. I see it as a torpedo already launched and headed for Asia's waterline.

Like you, I find it difficult to understand how the herd can ignore the international economic ugliness.

Best, Earlie
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