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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (7202)11/5/2000 11:44:03 AM
From: Rashomon  Respond to of 30051
 
Eventually the Korean government will have to bail the system out completely -- as a percentage of GNP, the fix will be more than 10 times more expensive than the US S&L crisis. Meanwhile, it's being held together with smoke and mirrors -- the same solution that produced the stunning Japanese economic performance of the last decade.