Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 1.200

+2.6%

3:59 PM EDT

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To: Jay8088 who wrote (7571)	9/5/1998 10:14:00 PM
From: djane	Read Replies (3) of 22640

Jay, I'm impressed with your analysis. Yeah, I'm stumbling towards some truth while my portfolio crumbles. Consider it a charitable donation to building the telephone infrastructure for Brazilian elites/peasants. Heck, I'm young. I do wonder who is going to produce the cheap crap we buy at Wal-Mart if the developing world turns away from the "free market" system? I guess that's why we're constructing worldwide satellite systems (e.g., GSTRF/LOR -- another of my worthwhile investments). We can pump the brains of everyone on the planet with propaganda from Disney (get 'em primed to buy crap when they're young) and Time Warner/CNN/News Corp. (well, you're only making $5/day but you'll make it to capitalist heaven some day. Well, not any time in this next century...) On a more serious note, it does seem like we need a global economic authority in order to have any chance of somewhat stabile growth in the developing world. The current "system" seems broken. The IMF, G-7 and US Fed Reserve just don't have enough of a global focus to handle worldwide crises.

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