SI
SI
discoversearch

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.
Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: exhon2004 who wrote (42016)12/11/1997 6:43:00 PM
From: derek cao  Read Replies (1) | Respond to of 186894
 
Re: There are concerns that Japanese banks could be holding up to half a trillion dollars in bad loans. The Chinese situation is reported to be up to two hundred billion in non performing loans. How Japan and China respond to this is certainly of some concern to all of us.

Greg, under west's definition, chinese bank system is INSOLVENT NOW! wait till you see a bank run in china. ops, I forget chinese communist have machine guns and they can refuse to redeem chinese people's deposit or print trillion yen whichever fits chinese government's need most. Remember, there is no Fed reserve or Mr.Greenspan in china. Communist rules there.

Just my 2c.

derek



To: exhon2004 who wrote (42016)12/11/1997 7:25:00 PM
From: Jay  Read Replies (1) | Respond to of 186894
 
greg Re "Maybe that's why Buffet went to bonds."

Yes - he really is a smart guy. I wonder what happens next? I've
lost so much that I don't look at my portfolio anymore - hey if the
whole world is falling apart I guess all but the smartest of us
will feel some pain.

Cramer and the shorts are probably celebrating. I believe Wall Street
bonuses were good.

JB