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Article #25455

Re: only for info

#25455
From: Anthony Hulsman
Date: Sat, 15 Aug 1998 00:00
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On Sat, 15 Aug 1998 09:33:11 +0200, "Bill" <bs134385@skynet.be> wrote:


>In one fell swoop, this nervous little man with his spotted bow tie has
>undermined Hong Kong as a global financial centre embracing free
>market principles - possibly egged on by the billionaire powerbrokers in
>the property development bubble industry here, whose wealth is
>threatened by falling asset values.

Attacking a currency can be very profitable for certain people. But
dont expect a central bank that has the means to defend its currency
to just give in. 

Anthony.
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From: Anthony@village.uunet.be (Anthony Hulsman)
Subject: Re: only for info
Date: 1998/08/15
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