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To: Square_Dealings who wrote (80137)	12/22/2001 5:17:11 PM
From: dynamitehandler	Read Replies (1) \| Respond to of 116756

So, news is that Argentina is defaulting on their debt. I wonder what that'll do to POG this weekend? Didn't Thailand default a couple of years ago, and S.Korea almost defaulted? Malaysia started out in the same boat but they told the IMF to kiss their southern border and scraped themselves back into normalcy by refusing to follow IMF dictates. Is this Argentine default going to lead to a Latin America domino effect now? I'm sure that most of the Argentine debt is owed to big American financial institutions (who will be bailed out by American taxpayers), but isn't there a lot of intra-Latin American trading going on too? Won't that be part of the defaulted debt? Any other nearby countries going to slip down that muddy slope after this? Brazil? Chile? Colombia? Peru (aka Newmont's South 40)?