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

To: Zeev Hed who wrote (3319)5/3/1998 11:09:00 AM
From: geewiz  Read Replies (1) | Respond to of 9980
 


Hope this wasn't alread posted; Japanese haven't run out of cash yet;

cnnfn.com:80/markets/wires/9805/01/yen_wg/

18 billion is not a lot; what's the limit? Will Japan tolerate 150 yen/dollar? As the Japanese domestic economy slows even greater funds will be allocated for such support; although the Japanese economy is exponentially larger than the SEA economies, this is the failed effort that led to last Octobers' problelms.

An now Kuwait is in an economic tailspin;

biz.yahoo.com

Will it lead to a currency crsis?

best, art



To: Zeev Hed who wrote (3319)5/3/1998 12:44:00 PM
From: Bonnie Bear  Read Replies (1) | Respond to of 9980
 
Zeev: anyone either reading here or posting here is not in the majority.
I think somebody needs to invent a simple way to securitize individual residential houses so 401K and company matching funds can be used to pay off a residence with before-tax dollars instead of pouring more money into Dow stocks. What a difference it would make!


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