SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Stitch who wrote (5805)8/23/1998 9:46:00 PM
From: Frodo Baxter  Respond to of 9980
 
>Are you saying that all of Asia and the rest of the world, especially emerging markets, can do nothing before there is recovery in Japan?

Not at all. Be an existentialist. You're alone in the cruel, unsympathetic world of international finance. Attract capital by giving a fair return for the risk, not by promising an above-market return for no risk. It seems as though Thailand and S. Korea are making real progress, whereas Indonesia and Malaysia aren't.

>Is the contagion inevitably going to cause recession in the States?

I don't think recession in the US is inevitable. And if it does happen, we'll lower rates. I'm unconvinced that this prescription will turn out to be inadequate.



To: Stitch who wrote (5805)8/24/1998 12:19:00 AM
From: Ron Bower  Read Replies (2) | Respond to of 9980
 
Stitch,

An article I found interesting concerning the 'crisis' that has now become the 'plague' spreading from Asia to the rest of the world. I have no knowledge of the author's ability, but it does seem fairly accurate. If so, debate on Japan solving their problems as critical to solving Asia's problems is no longer worthwhile. We now have a World situation with the US doing nothing to prevent it coming here. Russia is effecting Europe. If the economies of the US and Europe stumble, the emerging markets are doomed resulting in the potential for the catastrophic situation you referred to in an earlier post.

msnbc.com

It's getting scary out there,
Ron