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


To: Jay Scott who wrote (7226)10/20/1998 4:03:00 PM
From: Henry Volquardsen  Read Replies (1) | Respond to of 9980
 
Not everything is the fault of US policymakers. Yes they have made mistakes and I certainly don't support Clinton, but we are not responsible for the mess the Asian economies got themselves into. Their legal, banking and political systems are what got them in the mess they are in. Our relatively high interest rates may have exacerbated things on the margin but the root causes are all internal to those economies.