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


To: Stitch who wrote (5951)8/27/1998 12:27:00 PM
From: Joseph Beltran  Respond to of 9980
 
Stitch,

The money is going into bonds and money market accounts, period. The cash in asia that can't get into the u.s. bond market must be going into matresses or tiger parts.

regards



To: Stitch who wrote (5951)8/27/1998 8:44:00 PM
From: Dayuhan  Read Replies (1) | Respond to of 9980
 
Stitch,

The case you cite is bizarre, but hardly atypical. A Philippine Congressman was recently convicted of raping an 11 year old. He ran for reelection after his conviction and won. I believe he is free now pending appeal. A little while back, during one of the coups, a provincial governor declared in favor of the mutineers, and began organizing troops to support them. The mutiny flopped, and a military group was sent to deal with the governor. The ensuing negotiations went bad, and the government negotiator, a general, was killed. While on trial for treason and murder, the governor ran again and won. The Supreme Court ditched the case, saying he'd been vindicated by the people! He's still governor today.

With the rest of your comments I agree completely.

Regarding the recent discussion re Clinton, I have to say that Asian leaders wouldn't give a rat's ass if Clinton shagged every secretary in the White House. They'd probably respect him better for it, and ask whether he preferred Viagra or tiger bits.

The Hong Kong situation is becoming almost surreal, practically an open declaration of war between the HKMA and the hedge funds. How long will it be before guys like Mahathir are shouting "See! see! They did that to us too, and you wouldn't believe it! You said it was OUR fault"!

Wouldn't it be strange if Armageddon sprang from a conflict between Hong Kong and Manhattan?

I shouldn't have read the news this morning.

Steve