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To: Simon who wrote (16034)	7/23/1998 6:06:00 AM
From: John Hunt	Read Replies (1) of 18056

Asia Markets - Moody's move fuels Asia gloom biz.yahoo.com << Asian currencies withered on Thursday after Moody's Investors Service said it had placed Japan's sovereign ratings on review for a possible downgrade. >> << Moody's cited deep, structural problems in the economy and a lack of consensus among policy-makers as reasons behind its decision to place Japan's Aaa country ceiling and government debt rating on credit watch. The news knocked the wind out of the yen, briefly pushing it through the 142 level against the dollar, spreading ripples across other Asian markets. >> Hi Simon, A wise man once explained to me that there are only two kinds of people in this world, those who measure others and those who are measured. In this case, Moody is the measurer and Japan is the measuree. The beauty of being a measurer is that you can make the situation of the measuree worse, so that when you measure them the next time, you can clobber them again, until they are beaten into submission. < g > John PS - Simon, if you read this, I would assume your 'puter' didn't get struck by lightning and that you and it are not one big gooey mess.

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