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

To: gmccon who wrote (5452)	8/12/1998 12:28:00 AM
From: shadowman	Read Replies (1) \| Respond to of 9980

Interesting quotes: The report did not say where or to whom Sakakibara was speaking. ''From here on we will take an aggressive stance on forex issues,'' he was quoted as saying. ''The Japanese government will take an aggressive stance on all policy issues.'' Jiji also quoted him as saying: ''I don't think the dollar/yen rate is the cause of global stock price declines. Each country is grappling with its own problems, so it isn't appropriate to trace the source of all problems back to Japan.'' Sakakibara, noting that Japan is the world's biggest creditor nation, was quoted as saying: ''The Japanese government has sufficient political will and ability to handle all its policy issues.'' The last paragraph is what caught my eye. Japan is the worlds biggest creditor nation..........not an enviable position, when a large percentage of the entities that you've lent to are possibly insolvent?........ Hello?

To: gmccon who wrote (5452)	8/13/1998 5:33:00 PM
From: RealMuLan	Read Replies (1) \| Respond to of 9980

<<It will be an Asian-thing, and the US will not be in a position to send it's sons to their death in a Gigantic Vietnam. Asia is Asia is Asia is Asia. They have their own, unspoken Monroe Doctrine, and it ain't none of the West's business.>> Very well said. I am glad I finally see at least one person in this country GET THE POINT. Although I am not sure about all your prediction, one of them might come true, which is Taiwan will return to China. Best regards.