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Strategies & Market Trends : Asia Forum

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To: Zeev Hed who wrote (3175)	4/15/1998 10:17:00 PM
From: Alias Shrugged	Read Replies (1) of 9980

Thanks for your thoughts. How will Japan's bank debt crisis (loans to SEA and bankrupt domestic companies) be resolved? By massive printing of yen? Is that how U.S. resolved S&L crisis in 80s? (of course, I believe we printed dollars, not yen -g) Isn't Japan's debt problem substantially more than what U.S. addressed? (seems odd to discuss resolution of U.S. debt problems in past tense in light of the teensy-weeny bit of debt the U.S. happens to have!) Seems to be quite a divergence of opinion on Japan - some saying worst has passed while other sees worst yet to come. Since I have substantial investments in oil drilling/service companies, I would like nothing more than immediate recovery of SEA, yet i fear a long hard messy workout. Take care Mike

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