SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (87525)3/29/2001 1:10:04 PM
From: AllansAlias  Read Replies (1) | Respond to of 436258
 
Had not thought too much on that side of the problem. Tis true though that they are responsible for an unspeakable amount of debt.

Pretty picture is bending a little here after the martini break.

Looks to me like we may have completed the correction off this morning's low. In fact, the 'c' of said correction in COMPX looks like it ended with a little failed-5th double top. All this in tenny timeframes of course.

Have to wait a spell here to see if we get a little hard fall to confirm, and then I could look to get on board on a retracement.



To: pater tenebrarum who wrote (87525)3/29/2001 1:32:54 PM
From: JRI  Read Replies (1) | Respond to of 436258
 
Heinz....Venezuela is a mismanaged mess.....read in the Miami Herald that something like 22 Billion came onshore from Venezuela in the last few months...The intelligencia in Venezuela is still scared sh*tless of Chavez...

From 1999-2000, price of oil (oil being around 60% of exports) went from approx. $10 to $35.....and Venezuela couldn't even produce positive growth! Think about that! You have to be a real bungler of a leader to drop the ball on that economic gift...My grandmother could run a country and squeeze economic growth out with those odds! (But not Chavez!). Just think of the hit coming with a currency crisis and sub-$20 oil...sheesh....

Chavez is trying to eridicate the massive, widespread corruption...but is only producing a new corruption.....a corruption of Chavez (loyalists)..

Chavez admires guys like Ghaddafi, Fidel, and Hussein....problem is, he's not as smart or capable as they are....

Unfortunately, democrats and the rich/"doers" in Venezuela only has themselves to blame.....For decades- when they had a chance to better their country- they only cared about their cellphones, trips to Miami, and a full cabinent of Johnny Walker black, and never real reform.......heaven forbid, we actually pay our taxes, and pay for things like universal education.......

No hope for any real long-term solutions there....Latin America, in fact, in total, is extremely depressing...I really don't see things getting better in my lifetime....destined to be a continent of many different economic/social worlds, trying to peacefully co-exist......somehow, they do it.......don't know how...

There simply isn't the will to make the sacrifices necessary to really fix things.....everyone would rather just muddle by....American-style "can-do" thinking only makes one look silly down there..



To: pater tenebrarum who wrote (87525)3/29/2001 10:11:26 PM
From: Agamemnon  Read Replies (1) | Respond to of 436258
 
<also expect Russia to soon default AGAIN. >
Theyve found the Best strategy to beat capitalists.
Surrender,show us the way,BORROW to the moon,DEFAULT to the stars!