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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Winston Chen who wrote (9873)10/28/1997 6:28:00 AM
From: akidron  Respond to of 70976
 
history is full of examples of the failiye to defend an overvalued currency. from the uk in the 70s to mexico in the 90's. my point is that the decision anounced last night to reduce interest rates in hk shows a weakness of reslove in the face of potential econmic stagnation. we will have to see how it plays out, but it is an inauspicious start