SI
SI
discoversearch

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.
Gold/Mining/Energy : Gold Price Monitor
GDXJ 108.29-0.9%4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: CuriousGeorge who wrote (6200)1/17/1998 9:16:00 PM
From: PaulM  Read Replies (1) of 116790
 
George, plenty of naivete about what's happening in Asia and always a misunderstanding of the problem. Despite the calls for "fiscal stimulation," the Japanese have already tried every imaginable alternative this decade.

The simple problem remains: once enough chips are called in, you can't get rid of so much bad debt without walking away from your currency or letting the dominoes fall.

I'll start thinking recovery only after I see the Nikkei well under 10000.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News