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

To: Investor2 who wrote (13908)	2/7/1998 10:33:00 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 18056

Investor 2, if those loans (that is what these things are am I wrong?) are not repaid, then we the taxpayers will pay. But so far, we managed to escape unscathed in prior rescues efforts. I personally would prefer to see $14 billion loaned out if it can prevent the trade deficit to balloon to more than $200 Billions, which it will surely will, if the Asian flue and their devaluations are not stopped. If our trade deficits goes much above this figure, I am afraid that the dollar will weaken drastically, and to prevent that, the fed might start and tighten here again, and that will get us into a real bear market as well as a recession. Zeev