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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Bald Man from Mars who wrote (9354)5/29/1998 9:49:00 PM
From: Joey Two-Cents  Read Replies (2) of 18691
 
The house of cards look like its about to collapse. Russia needs money. IMF doesn't want to give money. Why? Becuse they don't have any. Brazil and S Korea own 40% of Russia's soverign debt, Japan owns 40% of Aisa's debt. Russia collapses, Western Europe panics, Brazil collapses, S Korea collapses, Japan collapses. When Rubin & Co. are willing to let foreign goods flood into our market from Japan increasing our trade balance you know we're in trouble. Rubin figures Japan can export their way out of trouble, they can't. I'm diging the bear shelter now and am keeping some cold ones on ice for you.
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