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

To: Lee who wrote (4001)	5/29/1998 11:29:00 AM
From: Michael Sphar	Respond to of 9980

Dang, tough question. Go to the Post Office ? or maybe, Do it again ? (with regard to the 50 post-war years economic miracle). I mean Japan is not some small economy that the IMF can just bail out by leaning on a few fat cat countries for contributions. Japan, Inc, is the bank...

To: Lee who wrote (4001)	5/29/1998 11:45:00 AM
From: MikeM54321	Read Replies (1) \| Respond to of 9980

>>What will be the IMF prescription for Japan when their financial crisis reaches the extent seen elsewhere in Asia?<< Say what?? I think this is definitely premature. I hope, for everyone's sake they don't dare ask the IMF for help. Their debt problems aren't even close to IMF rescue package levels. I have never heard the words "IMF and Japan" in the same sentence, ever. I have heard "IMF and Japan funding it" together. But not taking from it. Sorry if the debt articles I posted lead you believe they were in this much trouble. MikeM(From Florida) PS Japan is home to 5 of the top 10 banks in the world (by market cap)! Better hope they don't go to the IMF for help.