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Strategies & Market Trends : Asia Forum
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To: Paul Berliner who wrote (8795)7/6/1999 11:44:00 AM
From: Ramsey Su  Read Replies (3) of 9980
 
Paul,

what we call a free market system may not be all the free from another point of view. Unfortunately, the western world's record of "free" trade has been less than fair.

Having read more about Soros, I would definitely out law his practices if I am the finance minister of Thailand or any of these small economies. Talking about fair, there is no way that their markets can fend off attacks by sharks with the type of capital these hedge funds control and the type of political clout it packs - (I wish I can ask to fed to drop rates 3 times for my benefit).

As for supreme court, I understand the US considers ourselves the rulers of the world but in reality, there are still other sovereignties with their own governments that our supreme court does not have jurisdiction over.

I can hardly fathom what the outcry from U.S. shorts would be if AG & Co. bought tons of blue chip stocks to squeeze out shorts attacking the stock & money markets.

I would find it harder to fathom what would happen if Soros and company launches an attack in the US. I think there is plenty of room for attacks here.

Regarding Asian economies, I was going to link some meaningful articles but decided to link the whole index. While most of the Asia stock markets are doing great, I don't know what are the reasons for such optimism.

atimes.com

Ramsey
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