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Non-Tech : Derivatives: Darth Vader's Revenge -- Ignore unavailable to you. Want to Upgrade?


To: Worswick who wrote (763)1/26/1999 9:27:00 AM
From: Sam  Read Replies (1) | Respond to of 2794
 
Clark,
"Never knew there were so many god damned shoes."
Yes, it's not even an octopus, its more like the longest millipede in the history of millipedes.

Thanks for posting. I still fail to understand, though, what the point of creating massive inflation would be. That road leads to even more misery, even if a different sort.

It seems to me that we have allowed economic prosperity to become an end in itself, rather than a means to a "good life", eudaemonia, as Aristotle would have put it. We have totally lost any perspective on a social meaning for that notion, and until we can somehow retrieve it, we will have problems. One day, perhaps I'll be able to explain that more fully.

Best wishes,
Sam




To: Worswick who wrote (763)1/28/1999 1:39:00 AM
From: Stitch  Read Replies (1) | Respond to of 2794
 
Clark;

<<The return of inflation would finally let the property and stock markets hit bottom and rebound. The financial system, with its growing bad loans, would be able to raise its head above water.>>

Wow. Japan "main-lining" inflation to keep their debtors heads above water. From Japan imprudence to Vietnam's jurisprudence, what a difference a few thousand miles can make.

"Death For Failing to Repay Loans"

Hanoi,Wed. - A Vietnamese businessman has been sentenced to death for failing to repay loans which he obtained from various state agencies and private individuals, a court official said today.

Tran Nu, former director of Phong Nhu, a private trading company, was sentenced to death in a Ho Chi Minh city court for "appropriating public properties" and to another sentence to life imprisonment for "seizing possession of socialist properties", the local official said.

Nu was convicted for failing to pay back 4.3 billion Dong (about 4m USD) borrowed from two state agencies and eleven individuals, 800 million of which was from police of a district in Ho Chi Minh City.


This story, carried in the paper in Kuala Lumpur, did not mention which sentence the accused would be allowed to suffer first.

Best,
Stitch