Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Oeconomicus who wrote (11284)	7/9/1998 11:30:00 PM
From: Joey Two-Cents	Read Replies (1) of 18691

R.D., Yelstin's advisor Alexander Livshits said today that Russia will receive an emergency loan from the IMF of $10B - $15B. It seems that this will only prolong, not prevent the inevitable financial and political collapse of Russia. Pakistan's minister of finance warned if the IMF didn't release promised funds immediately, it would have "serious implications". Apparently they are close to default on $ 43B in external debt. The Asian contagion continues to spread, the IMF Ponzi scheme is close to colapsing but we keep sailing along as the band plays on oblivous to everything and everyone. Congress wants to see IMF books before throwing away another $ 18B biz.yahoo.com Russian woes keeping lid on oil prices biz.yahoo.com Russian & Asian crisis causing funding shortages for South America biz.yahoo.com Japan may already be in a deflationary spiral biz.yahoo.com NASDAQ price fixing by 3 dozen firms over 100 brokers. tampabayonline.net Japan to loan Russia $800M (always the smart investors) biz.yahoo.com

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