I would like to know what other investors thoughts are of investing in Asianbanks. Steve had mentioned high rollers were investing in overseas asianbanks at 1% and then putting the borrowed funds into Australian Bonds. Any recommendations as to which banks in particular and exactly what country? I had actually performed the reverse about 8 years ago when I was starting out in my business with little knowlegde of this stuff. I just did it as a once off investment and put the funds towards purchasing stock in asia. I used Australian dollars and sunk it into a Thai Bank account with an interest rate of 10% locked in at 3mths. This was about the time when the Thai baht was very high in contrast to the Australian dollar! Any reccommendations on asianbanks…?
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