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Strategies & Market Trends : Thailand

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To: fred douglas liebling who wrote (272)10/20/1997 8:25:00 PM
From: Tom   of 457
 
My question, Fred, is about Japan. How much longer can they pretend to be unaffected by the region's crises?

As long as Japan continues to bite the bullet, the strong undercurrent emanating from the remainder of the region will continue to erode their financial system.

So who, or what, is first to capitulate? Who will be the first to say the emperor has no clothes? From what direction will the impetus come?

It won't come from Germany any time soon. The BuBa is playing to local concerns.

It won't come from China. The Chinese are patient to play what aces they have. Very patient.

Japan? Japan is sore to lose the savory arrangement it has with the U.S. And the U.S., facing the emergence of the Euro, does not care to lose Japan's consistent support of its federal coffers once the EU begins to ponder some new priorities.

Who will it be? I vote Germany. Which means East Asian investors had better be good stock pickers, because the BuBa is not quite finished tidying-up yet.
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