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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies. -- Ignore unavailable to you. Want to Upgrade?


To: william smith who wrote (27457)11/2/1997 8:59:00 PM
From: GOLDIGER  Read Replies (1) | Respond to of 28369
 
Hi William,

I believe it's 30 to 40 billion dollars their going to give to bail out those thugs.

GOLDIGER.



To: william smith who wrote (27457)11/3/1997 1:05:00 AM
From: Richnorth  Respond to of 28369
 
The US Govt. is helping the Indonesian Govt. for the following reasons:-

1. the financial help will help stabilise the currency and stockmarket turmoil in S. E. Asia. The US Govt.cannot afford to allow this turmoil to go on unchecked because it is feared that overtime the instability or so-called Asian Contagion will be exported to the US markets;

2. providing aid gives the US Govt. an upperhand. It can demand and enforce reformist conditions;

3. the US Govt. does not want the S. E. Asian nations to nudge closer to China and Japan.

I believe the US Govt. has other self-serving motives. With the collapse of communism, the US Govt. is not in a hurry to help the S.E. Asian nations. It will wait for the begging to start. Then it will give help with reformist strings attached, as in the case of Indonesia.



To: william smith who wrote (27457)11/3/1997 2:01:00 AM
From: Walter  Read Replies (1) | Respond to of 28369
 
Clinton is helping the Indo gov't/businessmen because they helped him out during his election campaign, if you know what I mean. They just may help him out again with some of his legal fees.



To: william smith who wrote (27457)11/7/1997 2:02:00 AM
From: Richnorth  Respond to of 28369
 
Some more info on why Indonesia get so much monetary help. click on URL below to see why.

afr.com.au