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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST
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To: E. Charters who wrote (21477)10/13/1998 2:00:00 AM
From: Serge Collins  Read Replies (7) of 116764
 
E.Charters, My friend, you have a lot to learn about life in spite of your self-deluded belief that you know it all. That Russia has badly mismanaged the money we lent them is without doubt a fact, however the Russian people are not to blame. The blame lies in great part on the West, yes that's right the West that made unconditional loans to a country run by a drunk and his cronies, who in turn stole this money and ferreted it out of the country at the expense of the populace. We are to blame for supporting Yeltsin over his adversaries and now we are paying for it. It's a bit of deja vu as the West (re: USA) has a habit of doing this.

Future loans will have to be administered by Westerners without interference by the apparatchik still "ruining" the country. The mobsters who stole the loot should be dealt severe sentences (the gulag would be a good place for them).

But turning our backs on the Russian people is not a solution. They have suffered enough this century through revolution, communism and WWII. By the way, as Westerners we are deeply indebted to Russia and its tremendous sacrifice in defeating fascism. Americans and others often take the credit for defeating Hitler but any serious student of history knows that it was Russia that stood alone against the evil of the Third Reich while the Western powers were content to let the Russians bleed the Nazis white.

That my friend is a fact NO ONE should ever forget.
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