Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Bucky Katt who wrote (5988)	4/13/2000 11:14:00 AM
From: James Strauss	Read Replies (2) of 13094

I think what the big picture for the IMF is they want some of the growth the US has had the past few years to ignite in other parts of the world that have not participated, and which of course owe lots of money to Western banks, including the IMF, in sub or non-performing loans. Does this sound about right? Yes William... After WWII we carried Europe and Japan... We gave them very favorable trade terms even though many doors were closed to us in those regions... While we have taken the gloves off in the past 7 years, we still favor those countries, and now Southeast Asia is in the mix along with Mexico and South America... We're doing this for the very reason you stated... We want them economically healthy enough to pay back their loans and to be buyers of U.S. products... As an aside, some loans will never be paid back... We either extend the terms or cancel the debt... Consider that the price we pay for political influence... Jim

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