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

To: Stitch who wrote (3915)	5/27/1998 8:35:00 PM
From: Mark Myword	Read Replies (1) \| Respond to of 9980

>>>It likely won't take long for unrest to stir in Indonesia again, <<< Stitch - what do you see as the likelihood of an all-out people's revolution in Indonesia , where they throw out all the former cronies of Suharto and wipe the slate clean (including repudiation of foreign debt , which arguably the people don't owe , as they got virtually no benefit from the funds that were lent) ? I see this possible scenario as the one thing that would really rock the Asian markets , if it were to occur.

To: Stitch who wrote (3915)	5/28/1998 9:57:00 AM
From: Worswick	Respond to of 9980

Good morning. You're passionate and heart felt but insightful post is right on the mark. Outside the world of investing, government progrms and commerical endeavors men and women face a much bleaker prospect in Asia than they did last year. You just have to believe the center will hold because the prospect of any of these Asian countries coming unstuck will be paid for in blood by people, mostly, by those who have no defenses. The poor. The weak. The disinfranchised. At the same time what is happening in Asia is evolutionary in terms of these countries and these economies. More people are now solidly in the middle clas, more people have received educations, many more Asians have an enormous pride in who they are and they don't see themselves as cultural or commerical adjuncts - if they ever did - to the west. Beyond the valley, hopefuly, are the mountains. But it's going to be a hard slog through the valley and then through the swamp.