Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Hawkmoon who wrote (1386)	12/13/2000 7:59:17 PM
From: TobagoJack	of 74559

>"Seems to me that ripping off western investors/lenders would be both an interesting way to get some free "progress"" Yup, some one must pay the tab for progress, and any loss of money is but another cost to be expensed or capitalized and then amortized. Frictional heat loss. >"Screw me once, shame on you... screw me twice... shame on me..." There has been an Latin American debt crisis once every 10 years or so, for the past 150 years. You may not be responsible, but your bank is. You just sign the checks and finance it. The money, is like water in river, must flow, some times pool, and other times flood, and some times dry up.

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