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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Shoe who wrote (407)1/4/1998 12:01:00 AM
From: Rational  Respond to of 9980
 
<< A different prescription: more bankruptcies, not more guarantees.>>

I was going to say you did not understand the issue of debt guarantee and I noticed that you have said so at the end of your post.

<<P.S. Incidentally, I do not understand how a current spread can be an ex post debt insurance premium. Surely it reflects lenders' perceptions of risk in current circumstances, and is not being paid to the insurer.>>

If after reading once more my posts on this topic (should you be interested in doing so), you still cannot get it, I admit that I cannot explain the topic any more.

Sankar



To: Shoe who wrote (407)1/5/1998 10:27:00 AM
From: RealMuLan  Read Replies (1) | Respond to of 9980
 
<< Taiwan has largely escaped the mauling many Asian economies have suffered.

I am wondering what does this Economist report mean by this? Do not forget, Taiwan has already devalued their currency something like 20%. If the pressure coninues, they may even devalue more. How can somebody call this as "escaped ...?


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