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To: ed who wrote (13782)1/17/1998 3:40:00 AM
From: Dwight E. Karlsen  Read Replies (1) of 97611
 
Ed, next you're going to say that the IMF caused the SE Asian crisis. This attitude reminds me of something someone told me one time: "Don't go to Consumer Credit Counseling even if you feel like you have financial problems. A friend of mine went thru them [got her debts consolidated through them; pmts worked out], and they ruined her credit!"

My reaction in my mind was: Excuse me? I think she ruined her own credit, otherwise she wouldn't have felt driven to seek out Consumer Credit Counseling.

ed, my comment for the night on this subject is: If the IMF's policy is "just a dose of poison", then perhaps it would be better if the SE Asian countries fixed their problems without IMF bail-out money. The choice is theirs.
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