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Topic subjectRE: After what hapened to theBot in Thailand, I don't
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=22&topic_id=25338&mesg_id=25346
25346, RE: After what hapened to theBot in Thailand, I don't
Posted by bangkokkid, Sat Mar-15-03 10:11 PM
>Blame them. shit...contagion fucked shit up overthere.
Here's Malaysia take on contagion and how their economy got fucked...
DR. MAHATHIR BIN MOHAMAD: Because we have no say in controlling currency speculation. They can speculate with any currency, and their speculation is so designed that they can either revalue a currency or devalue a currency to any level. They hold this power, and they can literally make or break you by just by doing that. It has nothing to do with bad government or corruption or not being transparent, because if you are a bad government then long ago our currency would have collapsed. Long ago we would not be able to build up the country. But is the same government, ... exactly the same government which has built up the economy of this country, and yet suddenly we are being told that is due to our bad government that the currency is collapsing. We don't believe that. We believe that it was due to people just selling off our currency, selling down our currencies. That's why it was devalued, not otherwise.

>a time having a condo in sri lanka was essential, and asian
>markets were wide open.
NOTE: Buy a condo NOW in Sri Lanka if you were ever going to buy a condo anywhere. If peace lasts you'll reap a quick windfall. But that my speculation...

Now? Free Market zones in china
>ishe only hot shit.

China is an unknown. Its a huge market that HAS YET to show its worth. Hot shit.... we'll see soon enough.
>
>damn.
>
>Like I posted before, we were close to going into an
>economic tailspin that we WOULD NOT have recovered from if
>not for the mercenary money we got to fight Desert Storm
>during the first Bush administration.

Sounds interesting. sources? references?
>
>We are fucked if we don't pull out of this one. Australia
>is doing WELL tho.

New Zealand is doing the best simply because they're economy is so out of the loop globally they lucked up.
>
>If you love psuedo Brit/ Dirty(no so real) Euro templates,
>move there.

Nuff said.
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