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

To: Ron Bower who wrote (6371)	9/12/1998 5:57:00 PM
From: Tommaso	Respond to of 9980

Yes. See-- Subject 22824

To: Ron Bower who wrote (6371)	9/12/1998 10:17:00 PM
From: Stitch	Read Replies (2) \| Respond to of 9980

OOPs, Thread, Sorry about that. I jumped in with enthusiasm on the Clinton posts before I read Ron's admonition and, having now been prompted to second thoughts, I agree with him. It is a subject best left to other threads. It is the character of time zones and world geography that I am sometimes not in sync. Best, Stitch

To: Ron Bower who wrote (6371)	9/13/1998 9:38:00 AM
From: Ramsey Su	Read Replies (1) \| Respond to of 9980

Ron, I am surprised that you were not attacked by free speech advocates with your recent posts. Yesterday's paper came with the entire Starr report, together with the rebuttal. I sat down and started to read it, as if I am obliged to do so. Fortunately, I came to my senses and decided to get a life instead. Having said that, Clinton cannot be ignored as an issue that will affect our investments in the near future. I am of the opinion that much of the global problems now have gone from economic to political. Who knows what type of wild schemes Clinton may have up his sleeves, in desperate attempt to salvage his legacy. As an example, I am beginning to think that we should stop fighting inflation. In fact, we should be relaxing monetary policies NOW before we head down the same path as Japan, which is having a real tough time trying to create inflation. Things that Clinton would not promote before, because it may be conceived as too much political risk, could be on the agenda now. Lower taxes, lower interest rates, fund the IMF etc, right or wrong, can all stimulate the domestic economy. Further more, I am beginning to think that the solution to the Asian turmoil lies in the US. If we make a commitment to the world that we will consume and consume, even if it means inflation here, the tiger economies will start rolling again. Once the situation stabilizes, the sorely needed reforms should then kick in to avert a repeat of the crisis. If successful, the US will be the global hero much like the status attained after WWII. This is the type of stuff that legacy is built upon. Would a desperate president with nothing to lose be making some bold moves, or would he just quietly serve out his term? Ramsey