Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : GOLD-XAU -- Ignore unavailable to you. Want to Upgrade?

To: Don Green who wrote (710)	12/19/1997 1:29:00 AM
From: PaulM	Read Replies (2) \| Respond to of 1756

Don, Toshoku filed with about $ U.S. 50 billion in debt. So I suspect this might affect whoever is owed money from Toshoku, and whoever is owed money from that person, and whoever is owed money from that person......... You're right about currency depreciation being a double edged sword. In fact, every economic event--short of sheer destruction of real assets--is a double edged sword that isn't bad for everyone. The Japanese credit contraction that we are seeing and will continue to see will benefit some. However, Japanese equity holders aren't among them.