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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Henry Volquardsen who wrote (2893)1/5/2001 9:45:41 PM
From: Ahda  Read Replies (3) of 3536
 
Henry during the 80s the Japans banking system had numerous loans that were outside of her nation. I believe she also had the largest bank in the world The loans started to turn foul outside of Japan and she was trying to get rid of many of these for pennies on the dollar by the late eighties. She was struggling to maintain her balance and between the earth quake and the Baht she finally hit bottom. We then come to what we call transparency in accounting and you have to prime your economy and get it going . You can't prime beyond income and you can't prime need. Our own FED just attempted said by lower rates it primed nothing but clearly stated there is a problem as our market has not yet seem to level one way or the other.

How healthy can a system be when the rules are very loose as to loans. The sum total of this balloon was not souly laid upon the backs of investment backers but it was spread around to the supposedly conservative bankers themselves.

Many of these bankers are the very people who all dawned jogging shoes for employment in the new dot coms.
Revisions of laws since 1994 for FED i know have created more flexibility.
The FED is part of that banking system.
Present day there appears to be some credit pay off at least decrease in amount borrowed that is coming from the private sector. We here in CA are going to lose a certain portion of income due to the demise of dot coms and I can't find enough information to figure out exactly how much of Ca is tied to tech telecommunications etc what portion of this will affect us well heck I believe we have the greatest amount of investment bankers in the USA here.

There are numerous other things involved here if you look at deregulation of T California faces a similar situation in utilities a where a temporary increase of ten percent tied to businesses that all already over extended in debt and burnt from a labor shortage. So if we don't have an earth quake we do have problems.

Who am I suppose to blame this on? There were too many dollars out there. Our FED is representative of our banking system are they not?

The derivatives I leave to you and hopefully you will give to me a site where I can understand that market better.
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