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

To: k.ramesh who wrote (553)	1/7/1998 11:54:00 PM
From: cuemaster	Read Replies (1) \| Respond to of 9980

soros is full of bull,first its reported he lost a billion or two sorry i dont recall the source,then hes quoted as saying the situation in asia is worse than any one imagines,then he turns around and hypes the mess with the statement that hell have a "team" over there by years end raking in the opportunitys.find the truth i dare ya. ps are you of the ilk that belives the gvmts proper role is to be a giant nipple in the sky,free hand outs for all,mana from heaven ect..wrong.

To: k.ramesh who wrote (553)	1/8/1998 7:14:00 PM
From: Rmn	Respond to of 9980

My impression K., is that Soros is philanthropic so he can get the attention of the bleeding hearts in the media. With that attention he can manipulate markets. If I hear he thinks we should sell, I strongly look at buying. I agree with you. An export based ecconomy is one in which local demand is poor. This is usually because of government inhibition of the markets by high taxation, overregulation and corruption. You get bubbles forming in these economies from capital inflows which are unsustanable by local demand. When capital inflows are disturbed because of a shaking of confidence, these bubbles collapse. In asia each contries bubble was re-inforced by bubbles in neighboring countries. When one went, they all went. When will governments learn the LESSONS OF THE PAST AND STOP RE-INVENTING THE WHEEL. There was a great article in todays WSJ editorial page about the thrashing Netanuahu (PM of Israel) is getting from the feel good, niave, and historically challanged global media. I simply can not understand why the global media is so liberal (socialist). Ramsey