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To: X Y Zebra who wrote (50)5/6/1998 2:39:00 PM
From: Oeconomicus  Read Replies (1) | Respond to of 3536
 
xyz, Jimmy Rogers predicted several months ago now that Indonesia would cease to exist as a nation within a couple years. It looks like it may happen sooner.

Bob

PS: Henry, how low can the Nikkei go before some of the Japanese banks are technically insolvent? With unrealized losses eating into their capital, how impaired is their ability to make loans and what kind of premium are they paying to borrow in the bank market? Also, did they actually implement the accounting change that essentially gave them higher of cost or market accounting for their equity holdings?



To: X Y Zebra who wrote (50)5/6/1998 4:05:00 PM
From: Henry Volquardsen  Respond to of 3536
 
I wonder how the Chinese would look upon such disintegration.

The Australians are pretty worried about this as well. An Indonesian disintegration would be a huge strategic problem for the region.