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Strategies & Market Trends : Argentine stocks

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To: Tom who wrote (127)	10/4/1998 10:14:00 PM
From: X Y Zebra	Read Replies (1) of 331

... Flexible exchange rates have been our only really stable safety valve. ... For two years, I have been warning the Brazilians of a crisis and recommending a devaluation of the real. ... China, Hong Kong and Argentina will pay for their policies dearly. ... All of the countries tied to the dollar are on the way down. ... Free exchange rates prevent a chain reaction that would bring down everyone." Unless something escapes me..... the above would mean an even stronger dollar, AND lower interest rates Yes ? The Euro ?... I don't think so. In the land of blind people the one eyed is king....(unless he needs glasses, in which case, he would only make it to baron).... Or am I way out on left field ... two blocks away from economic hell ? Other than that could gold be really start shinning....? Anarchy may not be that bad after all.....

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