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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Joan Osland Graffius who wrote (11516)12/13/1997 7:33:00 PM
From: Lazarus_Long  Read Replies (1) | Respond to of 94695
 
<< making a run on the banks >>

Yeah, it makes sense. Runs are either short-term things or they do lead to an economic disaster of some sort. And the Japanese govt., by providing liquidity to pay off depositors, is probably doing the right thing in the short run. Lon run, it either works or "goodbye".