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Technology Stocks : Cymer (CYMI)
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To: orkrious who wrote (19747)9/29/1998 12:09:00 PM
From: Elroy Jetson  Read Replies (2) of 25960
 
Numbers I've seen say ALL of Asia is equal to 15% of Japan's economy. Atkins is right, the Asia problem IS Japan.

They don't need to set up a comical Asian Marshall Plan, they need to liquidate and re-liquify their banks and they need far more transparency.

If the LTCM collapse has proven anything, it's that a lack of transparency can quickly become a lack of trust and thus a loss of liquidity. The whole system works on trust and the world doesn't trust Japanese banks.
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