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Strategies & Market Trends : Asia Forum
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To: B Tate who wrote (6405)9/14/1998 9:34:00 AM
From: Bosco  Read Replies (1) of 9980
 
G'day all - dear Bernie, you sez "... its over for the Mad Hatter."

Let's hope that reasonable people will come to their senses. However, one should not underestimate MH's ruthless determination, considering he is a smart man who is willing to lead his country into the abyss. Interestingly, Malaysia followed Thailand into this unraveling. While Thailand has quietly nursed itself back to health, with the help of a fairly civil govt and a willingness to follow through with the IMF guideline, Malaysia is still knee deep in fractionalism. Obviously, most of the disinterested observers have seen through the MH's pretense from the beginning.

While lives will go on without the feeling of deep recession, it is my belief that this isolationism will do substantive damage for a long time to come - especially in this age of globalization.

best, Bosco
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