Thread: Hey Pupshock!
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Old 22-09-2008, 10:59 AM
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amadan amadan is offline
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Join Date: Feb 2008
Posts: 410


1. they can assume bad debts (bail out creditors).
a. they have enough money, or
b. they can borrow enough money, or
c. they are profitable enough.
2. they can create money. This option means inflation and currency depreciation.
1) Like Khazanah absorbing our NPL's 1998?
2) Like pegging our ringgit?

A few more...

- banning of short selling in the stock market
- Capital controls to stop money leaving the system (coming soon, I think)
- Suspension of the rule of law in dealing with the crisis

I tell you, they have Mahathir over there as their advisor!
Utinam logica falsa tuam philosophiam totam suffodiant
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