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

To: Stitch who wrote (7796)	1/4/1999 9:00:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 9980

I think that Soros has started to take himself a little too seriously. The idea of an International Central Bank managing the fiscal affairs of "all nations" is futuristic at best, and unrealistic at worse. I have stated before that the major shortcomings of the Euro CB's (irreconciliable dichotomy between national and pan European economic interests), in Asia, the problem is ten times more severe. Europe has some degree of homogeneity in economic development between its members (and yet the gaps between Spain and Germany are not bridgeable, IMHO, with a single currency), in Asia the current differences are abyssimal. Watch Korea, closing on 600 and IMHO, currently a fake move, I see Korea dropping in the next three months at least 15% from here (to 500, and possibly as low as the low 400 (420 or so).

To: Stitch who wrote (7796)	1/5/1999 9:18:00 AM
From: Bosco	Read Replies (1) \| Respond to of 9980

<ot> G'day Stitch & all - re: Soros, he is certainly a complex individual. Stitch, did you by chance see the interview of Soros on 60 Minutes [the US version, not the Australian one <g>] In a nutshell, it was structured to contrast the two sides of him, i.e., an amoral hedger vs a bleeding heart philanthropist. And the interviewer [I think it is Steve Croft - or maybe Leslie Stall [sp?]] drilled deeper in to his psyche regarding his experience of being an Hungarian Jew in WWII. Fascinating! Anyway, in my mind, he may not be so different. It is more sheer laziness to view others [or maybe even oneself] as a "One Dimensional Man." If one can get over that, it is easier to see all the great leaders as human. best, Bosco