Fred: I knew you'd have some sort of contingency plan.
Just can't seem to get those variables out of the formula. Can we?
I too am concerned about the situation in Russia. It appears that many Russians favor a return to the "old ways." (Very alarming reports coming out of Russia.) Unlike China, many had it better in Russia the old way. China wanted to go back to the old way after Tienneman. Good thing they didn't attempt it. It was NOT better in China the old way.
Speaking of Goodfellas... Where the Russians have shown they can not keep the gangsters out, the PRC has shown in some cases they can. Seems to have had a positive impact. People can be, and have been, executed in the PRC for corporate crimes.
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"Oh my! What butchers they are!"
Yeah, well...YOU go over there and live it a while. Then come back and tell me what YOUR solution would be. And, keep one thing in mind. You have NO TIME. You must act immediately and decisively. The wolf is at the door.
"I don't care. I WOULD NOT (blah blah ba blah...)"
Yeah. How sweet. I'm glad you're not in charge.
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I have seen a de-classified CIA report that predicted China would break into separate sovereignties, bounded by what now are provincial borders. I won't go on about it. Just to say, I believe the impetus providing support for that analysis has been for the most part relieved.
Funny how matters like that workout some times, Fred. May be the right outcome, wrong place.
Bangkok Bank? I have read recently where BBL is the only institution that stands a chance of surviving the crisis. I supposed, like you mentioned at one time, their offshore revenues are a consideration.
Hang in there.
Tom |
