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To: Lee who wrote (27864)1/18/1998 11:35:00 AM
From: jbn3  Read Replies (1) | Respond to of 176387
 
Hi Lee, ******** Off Topic ********

re either they did not understand how to hedge currencey risks or used that as a coverup for 'not so good' management capabilities.

Is 'coverup for not so good management capabilities' the same as 'hedging management responsibility'? <gg>

Thanks, 3.



To: Lee who wrote (27864)1/19/1998 2:57:00 PM
From: jbn3  Read Replies (2) | Respond to of 176387
 
"Will China be the Next to Fall?"

Lee,

investors.com

Today's (Jan 19) IBD has a headline article (see above) and a chart showing China's Real GDP growth since 1992. The article says that slowing growth and deflation raise devaluation fears. While it is true, looking at the chart, that China's Real GDP Growth has decreased steadily from ~14% in 1992 to a projected 7.9% in 1998, isn't that still awfully strong?

3


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