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.

Strategies & Market Trends : HONG KONG -- Ignore unavailable to you. Want to Upgrade?

To: Dayuhan who wrote (2411)	10/8/1998 10:06:00 PM
From: Tom	Read Replies (1) \| Respond to of 2951

Steve: That's what I meant. What do you intend by the statement? Specifically, where you say "...can only come from a period of instability." How much instability? This leads straight to the heart of one of the World Bank's organizational premises. This is what they are to prevent. It seems, however, that an apparent inability to provide a viable alternative to the days of "spin, crash and burn" has prompted some fingerpointing. Regardless, time is about out for both entities. Look what they're prepared to do in South America. The outstanding debt for Argentina is US$400+ billion. And the IMF is prepared to increase it. Why not just call it what it is? They're a tribune state. And the people there, as well as in other countries, are aware of it. It is why I suggested on another thread that, should another substantial bailout be enacted, there will likely be a revolution of the bloody sort in one of those overencumbered nations. Too, in the absence of characterful and benevolent leadership, what is there when all other remedies have failed? The Allende prescription? May be. Maybe they just oughta' let them slug it out. But markets are at stake.