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Strategies & Market Trends : Waiting for the big Kahuna

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To: Joan Osland Graffius who wrote (11516)12/13/1997 7:33:00 PM
From: Lazarus_Long  Read Replies (1) of 94695
 
<< making a run on the banks >>

Yeah, it makes sense. Runs are either short-term things or they do lead to an economic disaster of some sort. And the Japanese govt., by providing liquidity to pay off depositors, is probably doing the right thing in the short run. Lon run, it either works or "goodbye".
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