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To: Barry Grossman who wrote (44842)	1/12/1998 12:53:00 PM
From: Tunica Albuginea	Respond to of 186894

Barry:Re Asia, theFed, Interest ratres etc, here is another thought ful post from Vivus board: Before that htough, let me say that soon I htink Asian markets will start digasting the failures of weaker institutions.It will become a daily event, gg, and they'll ge tused to it, just like in the US,mayhem in the TV and News doesn't phase us any more. Besides those countries are very young and resilient and I think they will spring back to life soon, perhaps with a little bit of watering , such as cutting taxes, which is the new CardioPulmonary Resuscitation (CPR) method being advocated for Asia by recent more intelligent fauna such as Forbes and Soros, (as opposed to the old flora IMF, where you tax them till they are almost dead ); the lower taxes , sombined with a strict GOVERMENTAL, FAT reducing diet, has a way ( as it did in the USA the last 18 years )of working miracles.It's called constricting governments and releasing the people. ****************************************************** Message 3147751 To: +Tunica Albuginea (4469 ) From: +David Chanin Monday, Jan 12 1998 11:25AM EST Reply # of 4473 when prices tumble in Asia/Pacific, people are selling big-time, raising hordes of cash. where are they (The World's Big Money) going to put that cash? Federal budget deficit "going away," health economy by any measure, and, therefore: no signs of an impending collapse of the dollar! Choice: 30-year U.S. treasurys (yielding 5.7%), or S&P 500 (historical long-term average of 9-10%, but over 20% recently). Oh, I've got it! They're going to put a trillion dollars into gold 'cause it's cheap. Right. David ******************************************* TA