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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: ild who wrote (44704)11/3/2005 12:53:52 PM
From: ild  Read Replies (1) of 110194
 
Date: Thu Nov 03 2005 12:35
trotsky (Apollo@Indonesia) ID#248269:
Copyright © 2002 trotsky/Kitco Inc. All rights reserved
i agree with your assessment - they're in deep doodoo at this stage. the most important question however is, will there be contagion? when Thailand began to crumble in '97, contagion rippled out until Russia defaulted in '98.
if Indonesia proves contagious, this might turn into a positive for both gold and industrialized nation government bonds. so how likely is it that Indonesia's troubles will remain contained?
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