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To: Philipp who wrote (51771)9/8/1998 10:46:00 AM
From: MonsieurGonzo  Read Replies (1) | Respond to of 58727
 
Philipp; RE:" EWM - Malaysia "

>However, I don't think that one should care about Malaysia one way or the other. With their tough restrictions on foreign investments, the Malaysian market is now off the board, and no longer relevant to international investors...

well said; we're traders, not gamblers - besides, I got a real problem with neo-fascism, FWIW.

>a bit like the Russian stock market...

hmmm... their oil assets are $ denominated, now at 4cents/bbl. God help us if they, too - adopt a fascist economic model, despite the fact that it has always proven to be an efficient way for folks to manage deflation/depression. Russia's initial statements were slightly mis-translated to the West: ".. a return to a centrally planned, communist economic model..." Actually, the Duma is leaning not towards a radical solution, but a reactionary one; ie., the fascist "corporate state".

-Steve



To: Philipp who wrote (51771)9/8/1998 10:49:00 AM
From: Trey McAtee  Read Replies (1) | Respond to of 58727
 
phil--

remember that communist domino theory? well, it works in economics as well. while malaysia may not effect the US directly, it may effect us dramatically indirectly.

good luck to all,
trey