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To: goldsnow who wrote (15414)8/6/1998 7:27:00 PM
From: Bobby Yellin  Read Replies (5) | Respond to of 116764
 
how much does Asia contribute to our economy? (don't think that much)
thought I should clarify that thought,however,erroneous it may be..
the domestic economy appears strong right now and might continue until there is an Asian recovery..japanese recovery..
what I meant was that currently the depression there shouldn't have to much effect here for a while
..the potential there sounds awesome if the central bankers and IMF totally don't blow everything apart..
of course year2000 could blow all financial dealings apart because of
weak links..just a little garbage in,produces massive garbage out..
(programmer's joke..ha ha)
don't understand why Canada sold more gold..with their currency taking a swan dive..didn't they learn from Australia's lesson or are they that desperate..I must be missing something..
don't understand how the central bankers aren't called corrupt..again I must be missing something..if they hadn't mucked around with gold..
a lot of the countries the IMF is trying to submerge,oops prop up, would have had the hard assets to back their currencies..
nothing these days seems to make much sense to me




To: goldsnow who wrote (15414)8/6/1998 8:35:00 PM
From: Alex  Read Replies (1) | Respond to of 116764
 
Hi goldsnow. Haven't had much time at the keyboard lately but want to run this by you re: Asia. It's not so much what markets will be lost to the U.S. in Asia, as I believe this is a small figure indeed, it's the markets that will be lost 'in' the U.S. and the rest of the world 'to' Asia, due to the currency crisis.