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To: Maurice Winn who wrote (13328)	8/4/1998 8:08:00 PM
From: 2brasil	Respond to of 152472

I agree it's in everyones interest to help Asia/Japan move ahead and get back on their feet,all this market fear is because they still haven't along with a few other factors just my humble opinion. I work for a company that is in 37 countries the better each country does the better the company does makes sense! Tokyo's benchmark Nikkei average is expected to fall, as shares in Japanese blue-chip companies which operate globally are likely to be hit by Tuesday's sharp fall in New York stocks, brokers said. MEXICO CITY, Aug 4 (Reuters) - Latin American stocks, already weakened by Asia's months-long financial crisis, tumbled anew on Tuesday as a deep drop on Wall Street reverberated across the region, dealers said. regards bruce qcom $120 1999

To: Maurice Winn who wrote (13328)	8/4/1998 8:34:00 PM
From: Ramsey Su	Read Replies (2) \| Respond to of 152472

Maurice, you have successfully infected everyone with the rambling finger disease. Uncurable. 500+ word posts are the norm these days, seriously challenging those of us who grew up with English as a second language and only graduated from college because of affirmative action. Rant all you want but chicken little rule the day. I have been screaming about Asia now for almost a year and the worst is yet to come. Now that Asia finally got the street's attention, may be they will finally take a closer look at Japan before making careless comments. Next month, there should be some better numbers, telling the world what Japan's bad debt problem really is. Everyone is looking for a quick fix. Well, they didn't get themselves into this mess overnight and they are not going to be able to instantaneous bail themselves out. In the mean time, someone is playing games with the yen. It may be BOJ or it may be Rubin. Either case, I don't know what they intend on accomplishing? Ramsey

To: Maurice Winn who wrote (13328)	8/4/1998 10:25:00 PM
From: marginmike	Read Replies (1) \| Respond to of 152472

Maurice your history is incorrect. It was not the united states who initiated a trade war, but the Europeans. The united States incorectly reacted by escalating the tarrif war which had started in the early 1900's. Also Germany's problems were due to reperations, and a Government with no legitimacy(having been formed at Versailles). Your conclusion is correct as to it being the reason for the great depression. As for Japan, it is really quite in their hands right now. I do feel the people realize the gravity of the situation, even if the political types dont. I feel an ending of LDP dominence is inevitable, much in the way bush-Reagebn era ended when USA recovered. If you recall G. Bush's doom was his lack of understanding of the economic turbullence going around. He stated to citezens that we were not in a ressession. I remember because my Business was decimated, come election I opted for a change. This seems to be taking place in Japan now. The success Korea is having should show Japan the way.

To: Maurice Winn who wrote (13328)	8/5/1998 12:24:00 AM
From: limtex	Read Replies (1) \| Respond to of 152472

Dear Maurice, Sorry if I appeared to be demonizing the Japanese far from it I happen to like Japan very much nad part of our business was there and a big part at that and I love going there and I got on like a house on fire with our local management. So far as their regulatory and governmment attitude is concerned though: 1. One of the comments about the new Japanese fiance minister is that " he knows how to "take on the West" or "stand up to the West" or something like it I forget the exact quote. The point is that IMHO they ought to realize that we are their friends and partners and the don't need to take us on or stand up to us as we are all in the same boat. 2. Behavioural sensibilities relate to the fact that a significant number of their banks and other major institutions are bust and they won't put them into bankruptcy. Plain and simple they are history and local traditional practices should just be plain old ignored and these companies liquidated so that new ones can arise just as they do here. 3. Their economy is in grave danger of slipping into depression and if it does it will bite us very hard....much harder than it is already and we are only just waking up to how bad it is now. There are measures they could take NOW and QUICKLY which would make some material impact on that. Not next week or next month or after yet another election.... no more talking and promising what they are going to do.....just fix it and if they can't then ask their good friends ie us and we'll get Mr Rubin to send a team there and show them step by step what to do. See the way I see it is that we don't have years to fix this mess and they are fiddling while the house is on fire and its spreading. In the meantime maybe we should be thinking about helping to build up another economy that whilst it can't replace the Japanese contribution today might be able to get there in ten years. I don't know if its possible but it might be and if the Japanese really can't bring themselves culturally to accept the principal that major banks that are totally insolvent are better of being liquidated then an altenative to the Japanese economy might be our best available solution. Regards, L