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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Paul Berliner who wrote (8795)7/6/1999 11:30:00 AM
From: Thomas M.  Respond to of 9980
 
Mr Yen Blows Through Lest the Bubble Burst

afr.com.au

Tom



To: Paul Berliner who wrote (8795)7/6/1999 11:44:00 AM
From: Ramsey Su  Read Replies (3) | Respond to of 9980
 
Paul,

what we call a free market system may not be all the free from another point of view. Unfortunately, the western world's record of "free" trade has been less than fair.

Having read more about Soros, I would definitely out law his practices if I am the finance minister of Thailand or any of these small economies. Talking about fair, there is no way that their markets can fend off attacks by sharks with the type of capital these hedge funds control and the type of political clout it packs - (I wish I can ask to fed to drop rates 3 times for my benefit).

As for supreme court, I understand the US considers ourselves the rulers of the world but in reality, there are still other sovereignties with their own governments that our supreme court does not have jurisdiction over.

I can hardly fathom what the outcry from U.S. shorts would be if AG & Co. bought tons of blue chip stocks to squeeze out shorts attacking the stock & money markets.

I would find it harder to fathom what would happen if Soros and company launches an attack in the US. I think there is plenty of room for attacks here.

Regarding Asian economies, I was going to link some meaningful articles but decided to link the whole index. While most of the Asia stock markets are doing great, I don't know what are the reasons for such optimism.

atimes.com

Ramsey



To: Paul Berliner who wrote (8795)7/6/1999 8:14:00 PM
From: Ramsey Su  Respond to of 9980
 
cnnfn.com

Soros. Lewis & Robertson are not going to play the 'game' when the governments don't play fair. It is inexcusable for the HKMA to squeeze the shorts out of the market, even if the money markets were
being messed with.


Paul, what a timely report. Great demonstration how OUR free market at work. I think Greenspan should be fired for bailing them out last year. Talking about moral hazard. It is indeed inexcusable for us to remotely tell other countries to get rid of their cronism.

Ramsey