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To: RFF who wrote (19824)10/3/1998 1:52:00 PM
From: RFF  Respond to of 164684
 
OT - economy - all the hot air this weekend might lead to some irrational exuberance next week. Might make a good opportunity to take some profits and lighten up on some positions.

All the stories just talk about throwing more money at problems. No real reform is happening in these countries and won't as long as people keep providing them with fresh cash to alleviate the immediate crisis. Real reform only happens when you can't take the pain anymore.

Link to the international news stories:

biz.yahoo.com



To: RFF who wrote (19824)10/3/1998 2:08:00 PM
From: H James Morris  Respond to of 164684
 
Rff, Lets see Japan is going to throw $30 bil at their neighbors.
Then we want them to throw $ 1 trillion at their bad banks.
Shit that's over 10% of what every Japanese has saved!!


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