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Strategies & Market Trends : Asia Forum
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To: chirodoc who wrote (6354)9/13/1998 11:26:00 AM
From: Worswick  Read Replies (3) of 9980
 
Good of all of you to keep the eyes on the ball here.

Please keep posting information about what is happening in the banking sectors in Asia,in Latin America and the US. Derivative exposure particularly.

REMEMBER.... THE US IN 32/33 WAS NOT DRIVEN IN BANKRUPTCY BY THE GREAT CRASH.... BUT BY WHAT HAPPENED IN THE BANKS!!!

Thanks to all of you for not getting overly distracted by the events of a crippled presidency.

...and remember that deflation once it gets started is very hard to stop.... because people simply stop buying things Mr. Friedman. Take a trip to Tokyo. See for yourself.

We have become the buyer of last resort....here in the US.

My best to you,

Clark

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