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Strategies & Market Trends : Asia Forum
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To: Henry Volquardsen who wrote (6792)9/29/1998 9:53:00 PM
From: Lee  Read Replies (2) of 9980
 
Henry,

"The world's financial system is over-exposed,
over-extended, under-supervised, under-performing and
in need of far-reaching reform,"

This quote is long cries from AG's comment about the sophistication of today's money flow which (to paraphrase Mr. Greenspan) "quickly moves to find the highest rate of return."

I must ask, if it is so quick and efficient, why must it be bailed out? why is it losing money? why does it so often invest in industries that are already at world capacity?

Cheers,
Lee
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