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


To: Ron Bower who wrote (5412)8/7/1998 6:30:00 PM
From: Joseph Beltran  Respond to of 9980
 
Indonesia is a goner. written off. they were about 4-5 months behind s.k. in getting IMF help (and that's not going to help them). those poor people ought to go after the suharto family and string the thieving bastards up like the italians did to mussolini. s.k. will default unless creditors are willing to severely, severely discount what is owed, 15 cents to the dollar. heck, s.k. can't even afford to buy raw materials.

regards