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To: SouthFloridaGuy who wrote (70921)10/9/1998 12:13:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
Ref:"FOCUS-China investment trust folds"- So what?

PD:

I say good for China, I don't see any point in allowing insolvent banks to operate with massive infusion of government funds.What do you think is going on in Japan,eh? You don't want China to go the way of Japanese do you? BTW there are more insolvent banks in China and i hope they take out each and every insolvent (unviable) banks gradually and clean up the system otherwise what befell the Japanese and S.E Asians would happen to them and I don't think the world is ready for China to erupt next. India has the same problems and the sooner they take one by one out the better.

Let us face it, you and I just don't see things the same way,what can I say.