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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Simon who wrote (13685)	1/31/1998 6:55:00 PM
From: tekgk	Read Replies (3) \| Respond to of 18056

The problems in Asia are bigger than I ever imagined! Check it out 23.6 billion $US per DAY just to break even!!! That's over 6 trillion $US per year assuming that they don't inject funds into the system on weekends! "In the past few weeks, the BOJ has further intensified its aggressive fund injections, attempting to let the banking sector have as much as over three trillion yen ($23.6 billion) a day." Problems today are in the trillions - 5 years ago they were in the billions, ten years before that they were in the 100's of millions - a few zeros every 10 years is no big deal -g- I know, the economy is that much bigger now - it's amazing how a 3% average growth rate adds 3 zeros ever 10 years or so - must be the modern math that they started teaching after I graduated. -VBG- biz.yahoo.com