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

To: Derrick P. who wrote (6962)	10/6/1998 3:20:00 PM
From: Z268	Respond to of 9980

"I think they must have a good idea about what is going on.......Then the only explanation is that they are bailing out the big financial institutions" I agree with you, except that is is clear that the consequences to date were not anticipated - no one expected things to turn out he way they did. However, again, agreeing with you, come the recession here, it will be the American taxpayers who fork out big-time. The motivation is remarkably consistent: self interest, and you and I are not in the drivers' seats. To quote Gordon Gecko, "Greed is good!", but only if things don't go horribly wrong. We're getting there (going horribly wrong), slowly but surely.