Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: HH who wrote (4730)	8/29/1998 6:50:00 PM
From: Joseph G.	Respond to of 86076

<<Malaysia, which had kept its interest rates high since the start of the Asian economic crisis, had in recent weeks moved to push down rates sharply to spur economic growth. It announced this week that second quarter gross domestic product (GDP) contracted by 6.8 percent year-on-year, confirming that the economy is in recession. The GDP shrank by 2.8 percent in the first quarter.>> If memory serves, we had Japan, HK, Korea, Singapore, Thai officially in recession before. And a GDP drop of 5 to 8% in two quarters goes beyond recession ...