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Indonesia

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Subject: Indonesia
From: David Siems <>
Date: Wed, 22 Jul 98 12:50:08 +1000
 Hi Netters,
            On 21/7/98, Niels Poul Dreyer wrote:- "The Indonesian fires were
lit by rich land speculators with close association with Soharto and his
cronies."

            After a four week birding trip to the USA, I was relaxing on my
flight from the USA and given a USA financial newspaper.
            In part an article stated:- "As part of the IMF bailout of
Indonesia, a clause in the contract stated that Indonesia must clear huge
amounts of land to grow palm oil to assist in paying back the IMF loan."
            Before blaming "Soharto and his cronies" it would be best if
people read a book called "The last fifty years of the IMF." It is the most
depressing book anyone can read on what this organisation does to a country
with a loan.

All the best Niels
David Siems
Sydney, Australia
Phone: +61 (0)2 9759 1891
Email: 


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