Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (22496)	8/11/2002 2:09:40 AM
From: mishedlo	Read Replies (1) of 74559

T-Bond holders put the money into the US and it is called investment. IMF supports the Brazilian currency and it is J6P tax-payers money :-) Not sure your point or if it is indeed sarcastic. US is not going to default. Brazil will. This was a bailout of C and JPM not Brazil IMO. We should let them sink. We should have let them sink years ago. Now throwing good money after bad. We will NEVER be repaid that prinicple. M

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