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.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Voodoo who wrote (35524)	6/7/2008 1:46:13 AM
From: TobagoJack	Read Replies (1) \| Respond to of 218178

<<Chinese interest rates on dollar deposits are climbing and much higher than US rates on dollar deposits. Is this true? If so why?>> i sincerely doubt the veracity of above. <<zimbabwe outcome>> will also end in the argentine resolution

To: Dr. Voodoo who wrote (35524)	6/7/2008 6:52:32 AM
From: elmatador	Respond to of 218178

Why Indonesia went down 1997/1998. Indonesia was growing by about 8 to 9% a year. It was part of the Chinese great sphere of prosperity. As the economy grew and grew there was not much for the money to capitalized. That is getting the profits and turn into roads, electricity generation, airports, harbours, bridges, channels... That because the Suharto and friends doled out economic opportunities only to its family and friends. The only way was to build and build and built buildings. That while the infrastructure cracked under the weight of the economic growth. Had Indonesia sold out state owned enterprises to raise cash, sanitized and sold out the banks, sold out telecoms, licenses to build infrastructure, ended the monopoly of Pertamina and partly privatized it would have been a different story. But they wanted to keep all in the family -the mistrust foreigners a lot- and operating second hand factories shipped in from Japan. When that status quo could no longer be kept, it collapses. There was lots of cash on hand and cash flew out ($115bn). To compound the misery they chased the hand that fed them: The Hakka Chinese that was the economic power. The rest is history. Today, they still traumatized. Shell shocked. They were told they were the greatest. The brightest. And they believed in the crap. Moslems, once the pain start hitting them hard, started becoming extremist and putting bombs in places and further damaging their reputation of the country. They were not realistic told on top of what that economic growth rode. I feel sorry for them because I like Indonesia and Indonesians but at times I think they deserved their fate. They have only themselves to blame.