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Strategies & Market Trends : Asia Forum

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To: Zeev Hed who wrote (3046)	4/11/1998 8:34:00 PM
From: yard_man	Read Replies (1) of 9980

>>I won't even comment on the suicidal "support the Yen" action.<< What will they get for doing this? Do they cynically know that it is destined to fail or what? Why has Rubin come out to support this idea --- does he really think this can be an effective way to deal with the deficit? To someone who knows practically nothing about currency issues: Can you give me your idea of what both sides are trying to accomplish here? They will not go through with a stimulus package that big, right? I think you are in the camp that thinks this is their last best hope. Supposing they would go for such a large package: Can they really spend themselves into better shape?

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