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To: Murrey Walker who wrote (6315)3/7/2000 12:58:00 PM
From: Jim Willie CB  Respond to of 35685
 
kind of like punishing all three children when one flunks history,,, or economics (more relevant)

lots of calls into Greenjerk
he needs to carefully examine his last 1997 failed attempt to execute a soft landing, when none was needed

end result: Asian Meltdown in August97
happened 4-5 months following last illadvised rate hike

climax: LTCM and Russian debacles in September98
happened one year after the Thailand initial shock wave

I hope the geizer can read his own historical record
/ Jim