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.

Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Roger Zucchet who wrote (5977)	6/22/1998 3:28:00 PM
From: Ramsey Su	Read Replies (1) \| Respond to of 10921

Roger, the $500+billion figure is only part of the story. This amount is not static. What if real estate value and the Nikkei drop, say 10%, as the banks start dumping. Is this $500B number still true, or is it now $700B as borderline loans now go into default. There is also a definition problem when it comes to bad debt. I believe the current US standard is 3 months. Japan was 6 months at one time. I have no idea what portion of this $500B is 3 months, 6 months or more. Furthermore, is this $500B the amount deemed unrecoverable or just a small percentage? The most amazing thing about Japan is the total lack of "experts" on the subject with solid opinions backed by quantitative analysis. Ramsey btw, is a econ major from UCSB more knowledgeable than one from UCSD?