Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (7224)	3/13/2000 11:35:00 AM
From: Jim Willie CB	Respond to of 35685

you are absolutely right about poor controls by Asians their corporate system was extended and vulnerable their absurd conglomerates, kereitsus, chaebols excerbate conditions whole shebang was and is replete with cronyism and mindless lending but Fed 1997 rate hikes elevated the US$, hurt Asian currencies, and thus rippled thru their vulnerable system we started it, but they set up their own condition no correlations of interest rates to QCOM etc directly except that Asians are principal purchasers of CDMA phones and equipmt and higher rates hurt the US stock market generally strong perception of a Fed Chairman is as important, if not more important, than the reality of the Fed Chairman he is not weak, but nowhere near as brilliant as people think his biggest mistakes are totally missed by "experts" your stock account would be 15-20% higher without the Asian mess / Jim