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Strategies & Market Trends : Asia Forum

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To: Lee who wrote (4001)5/29/1998 11:45:00 AM
From: MikeM54321  Read Replies (1) of 9980
 
>>What will be the IMF prescription for Japan when their financial crisis reaches the extent seen elsewhere in Asia?<<

Say what?? I think this is definitely premature. I hope, for everyone's sake they don't dare ask the IMF for help. Their debt problems aren't even close to IMF rescue package levels. I have never heard the words "IMF and Japan" in the same sentence, ever. I have heard "IMF and Japan funding it" together. But not taking from it. Sorry if the debt articles I posted lead you believe they were in this much trouble.
MikeM(From Florida)

PS Japan is home to 5 of the top 10 banks in the world (by market cap)! Better hope they don't go to the IMF for help.
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