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Strategies & Market Trends : Asia Forum
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To: Rational who wrote (355)1/3/1998 12:09:00 AM
From: Tom Markowski  Read Replies (1) of 9980
 
Asia can't be held up by the IMF...US government...or the Grand Pubah.....years of corruption...overspending on useless buildings and bridges and other things have come back to haunt them.

Remember this: Indonesia, Malaysia, Korea, Thailand and others owe BILLIONS ( probably closer to a TRILLION) dollars in debt. No US or European bank will expect less than full payment. The US goverment can't do much. There just so many Boeing planes these people can buy.
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