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To: Activatecard who wrote (30340)10/22/2000 9:05:38 PM
From: NOW  Respond to of 436258
 
Yep: liquidity is drying up!
And when created, as Noland says, flows towards inflation!
Inflate or die!



To: Activatecard who wrote (30340)10/22/2000 9:48:33 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
WOW!

"Banks in South Korea have about $100 billion in non-performing loans, roughly 25% of total lending, while in Thailand 30% of loans are bad."

Approaching a bottom in Asia? I don't think so yet, their markets have been propped up by world liquidity over the past couple years. I believe fresh and final lows will occur over the next 2 years... probably substantially lower than where they are now.

DAK


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