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To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...
It seems S. Korean stock market is a place where foreigners park their short-term reserve money. When a crisis hits, they must be withdrawing it to put out the financial fire elsewhere.
2 posted on 08/08/2011 9:01:46 PM PDT by TigerLikesRooster (The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
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To: TigerLikesRooster

Wow, and the WHOLE WORLD wanted Mr. Obama to be elected. I wonder how the rest of the world feels now. We shouldn´t be following any leader so closely. We need to use our logic, our skills, our reason and not be whipped up in passionate terms to fight Obama´s wars.


7 posted on 08/08/2011 9:09:51 PM PDT by rovenstinez
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To: TigerLikesRooster; ex-Texan

It continues....In early Asia trading Tuesday, Hong Kong’s Hang Seng index is down nearly 6 percent, while Japan’s Nikkei index is nearly 4 percent lower. Seoul’s KOSPI index is down nearly 7 percent. Stocks in Shanghai are down about 1 percent.


16 posted on 08/08/2011 11:02:43 PM PDT by M. Espinola (Freedom is never 'free'.)
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To: TigerLikesRooster

I think it has more to do with the high portion of Korea’s GDP that is export dependent.

If growth is slowing and may slow further in USA and EU some of Korea’s biggest exporters will have lower sales and revenue.


17 posted on 08/09/2011 4:20:24 AM PDT by Wuli
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