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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Bonnie Bear who wrote (7315)	10/25/1997 12:31:00 PM
From: tekgk	Respond to of 94695

The doubling in bankruptcies in two years during one of the greatest bull markets of all time is very troubling indeed. What will happen when the next recession arrives? Mr./Mrs. taxpayer will be called upon again to save the day IMHO.

To: Bonnie Bear who wrote (7315)	10/25/1997 12:37:00 PM
From: tekgk	Read Replies (3) \| Respond to of 94695

A big long list of URL's relating to Asia's troubles. Date: Fri Oct 24 1997 13:55 Steve - Perth (steve@compsb.eepo.com.au) ID#284170: BREAKING NEWS VIA AUSTRALIA 25th October 1.57 am Perth time US Traders unprepared for market aftershocks afr.com.au China flushes $130 BILLION to stop the panic smh.com.au Market Mayhem - Korea teetering on the edge smh.com.au CURRENCY CRISIS - Shockwaves from the North, How the Polo club got it wrong smh.com.au The troubles in Asia - Editorial ( Sydney Morning Herald 25th October ) smh.com.au Aussie Super ( 401k ) funds slash their exposure to Asia smh.com.au Korea now the concern smh.com.au Shockwave: Asian meltdown spreads afr.com.au BHP ( the not so Big Australian ) a possible takeover target ( HOT NEWS ) afr.com.au Asia Ignites - "Huge deflationary force for the world economy" afr.com.au Asia strife hits Aussie Company Lend Lease afr.com.au Hong Kong pulls out of free fall ( for how long??? ) afr.com.au It's all eyes on Korea ( By Federal Government ) afr.com.au Central Banks blamed for fueling speculation ( who else?? ) afr.com.au STEVE'S COMMENT: DEFLATION IS IN. Bonds are looking good short term, but will they last the distance??? Please forward your views to me...

To: Bonnie Bear who wrote (7315)	10/25/1997 1:16:00 PM
From: Joan Osland Graffius	Read Replies (2) \| Respond to of 94695

Hi Bonnie, >>so if you want to disagree with the US bankruptcy court system, go ahead. I am not disagreeing with the bankruptcy problem. I am looking for more details on who is in trouble because of the problem. I have not seen any banks taking big hits because of the problem, and I am wondering if the high interest on credit is taking care of the problem. If the american public that is using credit is absorbing the problem then our purchasing power is decreased by this interest paid and will put a cap on spending. This in reality could hold down inflation. I also know that AG recommended the banks put a tighter credit policy in place, maybe this was a year or so ago. Are you trying to say that we have another RTC problem on our hands? If so then what institutions and assets are in trouble. We have seen some high risk lending companies take some hits on wall street, but for this to become a country wide economic problem, I believe our large institutions have to get in trouble. Joan