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

To: tom who wrote (5407)	8/7/1998 10:47:00 AM
From: Bosco	Read Replies (1) \| Respond to of 9980

dear tom, you sez "Is that like getting "a little bit pregnant"?" it is more like instead of firing an empty cannon, he decides to fire an empty BB gun <VBG> best, Bosco

To: tom who wrote (5407)	8/8/1998 2:57:00 PM
From: Ramsey Su	Respond to of 9980

Tom, good series of recent posts. Regarding IMF, I think they are inconsequential because they are out of money and out of credibility. Aside from some minor billion here billion there moves, they don't have the ability to do a mega billion deal like they did with Korea, Thailand and Indonesia. Regarding a run on HK$, should we be more concerned with a run on the yen? The FSA is doing some audits now with dirty laundry scheduled to be aired next month. I think their equivalent of FDIC insurance is about US$75,000 (not sure, correct me if wrong). Wouldn't you be taking your yen out if your bank is discovered to be insolvent? Comments appreciated. Ramsey