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

To: Bill Ounce who wrote (8826)	7/12/1999 7:20:00 PM
From: jbe	Respond to of 9980

Thanks for the response, Bill. As for your opinion being "biassed" -- whose opinion is not? There is so little hard information out there about the Y2K situation in Asia that one has little choice other than to be "biassed" in one direction or another. :-) What does seem a bit strange to me, however, is why the Asian stock markets are performing so well -- this past month better than markets anywhere else, including the US -- if "expectations have already been adjusted for any Y2K messes that come down the road," as you suggest they may have been. jbe

To: Bill Ounce who wrote (8826)	7/12/1999 7:32:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 9980

Don't see TEOTWAWKI happening in Asia. Perhaps another "Asian Crisis" which causes market corrections across the world leading to another global recession. But that should surprise no one after the events of the past year. Hmmm... End of the world is such an extreme term and one I doubt will see anywhere on the planet. But I do see a lot of potential political unrest. However, I agree that Asia may be due for another crisis of confidence and it could be more severe than before because now people will have even less faith in their financial institutions (or their gov'ts). The question will be what initially triggers the event. IMO, this is a topic that may be a good focus for what to expect in Asia this fall. I know first-hand that the national leadership in the region still has little idea of where their vulnerabilities are, and are still in the process of forming contingency plans. Regards, Ron