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To: Mohan Marette who wrote (10059)12/3/1997 2:58:00 PM
From: Yaacov  Respond to of 97611
 
I guess you also saw Mr. Greenspan on TV telling the world that the
crisis in Asia was long over due and actually it will help the future
grouth. Well, the truth of the matter is that it is upto Asians to
work their problems out and i can't figure out how they will! Since
Moses led my forefathers across the Red See their has been no miracles and their will be non in Asia. Japan has been in crisis and for years
those govening the country have not been able to tackle the economic
problem, for lack of will, capacity or on purpose!!

Koreans are even in a worse shape. Ruled by corrupt governments that
more than helping the country, are busy to fill thier pockets have
very little chance, even if IMF would double the size of the loan to
50 billions. The same goes for Indonesia, a large oil exporter, rule
by Mr. Suharto, his sons, doughters and cronies. Phillipine and Thailand, India, and Pakistan are no exception! In fighting, corruption and lack of leadership. The Hong Kong doesn't exist as
it is now one China. The only bright spots are China, Taiwan, and
Australia.