Asia Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Asia Forum

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Geoff Nunn who wrote (851)	1/15/1998 9:03:00 AM
From: Worswick	Read Replies (2) of 9980

Speaking to some colleagues in Japan who are friends with a prominent journalist they reported that this man did a series of interviews with CEO's of various companies about the state of the economy. The interviews were done in the October/November period. Many of the CEOs admitted they were taking money out of Japanese banks and putting their own personal money in American banks. Is this true or not? Who can tell. I report this for what it is worth. In any case events like this would signal, at least to me, that there has been a fundamental shift in the way the Japanese themselves perceive their own problems. Hence, their "new found" wilingness to deal with "their" problems and their new open attitudes. Basically, these guys were voting with their feet about the state of the Japanese economy and banking system. Into this realm comes Lawrence Summers, the new Douglas McArthur who will create the new Imperium while back home Allen goes to Watts and New New York to assure the have not's that the haves will share. Will Larry live in the Imperial Hotel? We should start a poll of our constituents here.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next