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To: Les H who wrote (32031)11/1/1999 10:54:00 AM
From: flatsville  Respond to of 99985
 
Les--

>>>Meanwhile, the hot money keeps coming.<<<

Hot money in this case may not be smart money.



To: Les H who wrote (32031)11/1/1999 3:01:00 PM
From: flatsville  Read Replies (3) | Respond to of 99985
 
Funds Exit Some Asian Economies Over Y2K

Fair Use/etc...

insidechina.com

>>>"Clearly funds are moving out of Indonesia, India, Thailand and China on account of Y2K," the millennium bug expert said.

"Money that is Asia-specific, and that is a large portion of funds that is invested in Asia - we believe that money has already started to move to Singapore and Hong Kong."<<<


Perhaps to Japan as well because that country is seen as better prepared than others? For Asia-specific money safe-haven is relative.