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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Les H who wrote (139704)12/20/2001 5:40:18 PM
From: patron_anejo_por_favor  Read Replies (2) of 436258
 
LOL! It occurs to me that what's happening in Argentina is exactly what's been happening in the US markets (sans riots, unless yer talking about Cleveland Browns fans), at least since around November 1st!<NG>

biz.yahoo.com

Argentine bonds fall, stocks soar as riots rage

EDIT: Oh yeah, and I see the managed to sneak this gem in right at the end of the article:

Ratings agency Fitch said on Thursday a ``broad, disorderly'' default on $97 billion in Argentina's debt was imminent. A default and devaluation could imply at least a 50 percent writeoff of Argentina's debt, Fitch added.
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