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

To: Stitch who wrote (4851)	6/27/1998 1:44:00 AM
From: Michael Sphar	Read Replies (1) \| Respond to of 9980

<< Please note that I referenced a "per glass" price. Bottle prices are numbers that are too great for my calculator <GG> >> $50.US per glass ? GAG! Does that include the barmaid? <g> << I will never forget my first business trip to Salt Lake back in the early 70s. I checked in and went to look for a bar to have a drink. Oh well, live and learn. >> So that's how you found your way to Malaysia! <g> The highly esteemed Malaysian Prime Minister Datuk Mahathir Mohamad and the Honorable (Mr. Yen)Eisuke Sakakibara-san will certainly make for excellent reading material when they undoubtedly will resolve the world's financial woes between themselves at the next G7 conference! From your post re: Mr. Yen - "Japan is the world's largest creditor nation," he said. "We do not need help from other countries." Aw gee! must have slipped from Rubin's mind the other day. Mr Sakakibara said Japan gave Beijing "a lot of credit" for promising not to devalue the yuan. In return, Japan was doing its utmost to stop the yen from falling, he said. I'm sure the Chinese will be thrilled to receive all this "credit"! Mr Sakakibara dismissed the danger of capital flight out of Japan, saying once the yen weakened to a certain level, "there will be a flow of investment into Japan from overseas". To get some of that great yielding interest income no doubt! Hey! Wait a minute! Didn't he just say Japan was doing its utmost to stop the yen from falling ? Oh yes, he's a politician, guess he expects to have it both ways. And now we know the answer to that age old question, if the yuan falls in the Chinese forest and Mr. Yen isn't listening will it make any noise ?