Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: MikeM54321 who wrote (4501)	6/13/1998 9:53:00 PM
From: Stitch	Respond to of 9980

Mike, Thanks for the post. I do understand why the U.S. market and treasuries are attractive to Asians compared to domestic investments. There has been quite a bit of talk among the locals here in K.L. when the Malaysian Gov't announced a program that would allow citizens to repatriate money with no questioons asked about its source. This was to dispel the fear of tax audits and open the way for the expected repatriation. Of course, it fizzled, (if it ever started). No.. I was asking the more general question about the apparent pig-headedness of the Japanese by not being more aggresive in policies aimed at spurring their economy. I can at least fathom why they continue to cover up the seriousness of the bank situtations rather then "face the music" but I do not understand the "Japanese" argument for not having executed a much more agressive tax break. best, Stitch