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

To: WONG who wrote (2416)10/9/1998 11:52:00 AM
From: Ron Bower  Respond to of 2951
 
WONG,

Interesting article. Build the yen up so they can print more. Hmmm.

"LTCM admitted it had borrowed $US50 billion in funds for each $US1 billion in capital"

I had heard numbers as high as US$1Trillion and thought it as gross exageration. At 50:1, I guess it could be possible.

FWIW,
Ron



To: WONG who wrote (2416)10/9/1998 4:54:00 PM
From: Tom  Respond to of 2951
 
May be that's what the high-level meeting of finance ministries in Beijing was about, week before last. Japan advising the PRC of the game plan.

Exactly what was discussed at the meeting was never reported.



To: WONG who wrote (2416)10/10/1998 2:44:00 PM
From: Tom  Read Replies (1) | Respond to of 2951
 
"I want to rid Hong Kong of the Godzillas in our midst." -- D. Tsang

lol

From Saturday's HK Std.


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