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

To: Stitch who wrote (6474)	8/3/1998 10:24:00 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 10921

Stitch, humanity has its place Continuing to feed small inadequate funds which provide little more than band aids and gauze to the hemorrhage victims is not helping at all... I regard what IMF has done so far as equivalent to handing a few beers to a wicked whiskey drunk who is trying to sober up... sounds cold until Asian political AND business leaders together begin REAL reform, REAL change, and take the REAL risk of the inevitable consequences, all that IMF has sent eastward has already been pissed away... heavier price later $30B to Korea for what so far??? I hear you about Malaysia and Indonesia and FOOD needs, but what the hell has changed?... only thing I see different in Indonesia is musical chairs among leaders, four million Chinese businesses destroyed, food distr'n chain seriously disrupted, income sources for many destroyed, and wealth of nation cut by 30-50%... but what has changed in reforms to set the economy on a different healthy course? same Sukarto family and cronies continue to own 40% of nation's economy... only one thing that will bring that to an end... absolute chaos, riots, large scale mayhem, civil war... it will happen there and not long into future reminds me of a queer analogy... in midst of VietNam war, nothing would change unless enough peace and stability was LOST, thru riots, destruction, death... all on much smaller scale NO CHANGE UNTIL PAIN LEVEL INCREASES DRAMATICALLY... VERY SAD, MUCH SUFFERING TO COME, MUCH CIVIL UNREST on currency... traders are like sharks in the water... push, push, push until 150 yen breaks... intervention has never succeeded, no precedent... only service provided by central bankers is to provide mileposts of support and resistance along the road... Japan is estimated to have spent somewhere like $20billion in failed attempts to support the yen from 1995-1998... all pissed away you gotta be cold in fixing these historical problems American Red Cross will be there, as always... IMF is not Red Cross / Jim Willie