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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: wsringeorgia who wrote (1135)12/3/2000 6:56:43 PM
From: TobagoJack   of 74559
 
Hello wsringeorgia,
My accounting service provider firm’s boss, an acquaintance of 10+ years, a Filipino via Harvard B-school in the 60s, was one of Marco’s laundryman, and as you know, the public had found Marcos money in Hong Kong a few months ago. Given how all Marcos pals is set up, I would guess they rendered quite a bit of services in their day.

On the issue of gold, I do not know. 1200 tons does not occupy that much volume and is certainly within the amounts reputed to have been plundered by the Marcos.

On the subject of Philippines, should a Perfect Economic Storm hit, Philippines would be one of the few places I would consider going to wait out the storm. The people, food ingredients, mango shakes, grilled squid over garlic rice, diving, and weather are adorable. Cost is low. Now that wife is certified and enthusiastic for underwater exploration, a return to my responsibility free days can be contemplated.

I rode out the TianAnMen induced recession on Boracay Island. Parties until 3:00am. Monopoly games starting at 2:00pm. Unlimited supply of mango and coconut shakes. Great place, icky country.
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