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

To: B Tate who wrote (2489)3/3/1998 8:34:00 PM
From: Mohan Marette  Respond to of 9980
 
BT: Perhaps Malaysia could follow China's example and issue some government bonds to raise cash to make the banks more solvent. Bad idea? Anyway pass that along to Dr.Mahathir,willya ?<gg>



To: B Tate who wrote (2489)3/4/1998 7:55:00 AM
From: Worswick  Read Replies (1) | Respond to of 9980
 
Bernie... I have said this again and again. It is deflation time in Asia (and maybe inthe west as well). Deflation will come when all these credits (loans) from the banks implode and borrowers can't repay.

Sime Darby is only the most glaring and public example in Malaya. Think about Thailand!

We can see what is happening in Indonesia.

My best.



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