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Strategies & Market Trends : Asia Forum
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To: Paul Berliner who wrote (6328)9/10/1998 1:53:00 PM
From: Ron Bower  Read Replies (2) of 9980
 
Paul,

"Ron, it'll break your heart to know that they're actually lending more than ever, especially to risky concerns in countries like Mexico."

You got to be kidding. In the face of a global recession?

Where do they get the money to lend? I have to think there's an outflow of deposits from the low interest rates and we know they are heavy on non-performing loans. Isn't there any restrictions on loans as a percentage of deposits?

I know US and Euro banks have heavy exposure in former Soviet block, Latin and South America, but how much to Japan's mess?

TIA,
Ron
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