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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (9762)	12/1/2001 9:29:56 AM
From: sylvester80	Respond to of 99280

Oh my! Now watch how total anarchy and chaos take over.

To: Softechie who wrote (9762)	12/1/2001 9:54:59 AM
From: sylvester80	Read Replies (2) \| Respond to of 99280

The funny thing is that the Argentinian Goverment had denied just a few hours before that they were about to do that. Their credibility now is shot to hell. That is when the people take to the streets and chaos and anarchy takes over. Here it is: Markets were rattled early Friday by an unattributed, front-page report in a business daily that the government was mulling dollarization and imposing restrictions on local banks. ``There is nothing to this,'' President Fernando de la Rua said of the Ambito Financiero report of rumors undermining the decade-old currency regime that pegs the peso at par to the U.S. dollar, long seen as the guarantee of economic stability. dailynews.yahoo.com

To: Softechie who wrote (9762)	12/1/2001 9:59:34 AM
From: sylvester80	Respond to of 99280

The other funny thing is this statement: ``The government has made these decisions so that the people can truly feel secure that their money is in the bank and that, in accordance with the law, that money is untouchable and that money, in accordance with the law of convertibility, is being transferred immediately into dollars in order to ensure all citizens that have fixed term deposits that their savings are secure,'' Colombo said. Don't you just love it when the government does things for your own good. <gg> so that people can truly feel secure that their money is in the bank and that, in accordance with the law, that money is untouchable lol. Famous last words...