New US Economy Policy Message Board

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Strategies & Market Trends : New US Economy Policy

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To: Arthur Tang who wrote (99)	12/31/1997 6:39:00 AM
From: Arthur Tang	Read Replies (1) of 435

Asian economy, in our new economy, exposes the fraud of borrowing money from IMF and world bank? Go to any store and you can look at the labels. If you are worried about Thailand, go to check how much The Limited stores are buying Thailand goods. A whole lot. Go to supermarkets and look at the expensive shrimp packages $100/package of Thailand tiger shrimps. For a small export country, they are taking in a whole lot of U.S.dollars. Koreans cried wolf too many times. Citibank the largest Korean loan portfolio only loaned to them $2.1 billion. Trying to get $100 billion from us (including the money we give to IMF and World bank) is a fraud. No one will give Japan any IMF loans, because every one knows Japan prints Yen. They have been printing plenty. We have been printing plenty too, to accomodated the expanding economy. No one ask IMF to help us when we had problem in the 1970's and 1980's. Because IMF gets money from the U.S. Any Asian country tries to commit fraud, we will start a boycott on their products. Then they will print their own money to support their own economy.

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