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To: Bucky Katt who wrote (10478)12/28/2001 11:02:54 AM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
Urgentina...
***************
William:

I think they would have been better off to float their currency... They would have taken a one time hit and could have gone on from there... This third currency will not prevent the inevitable devaluation of their currency... Better to bite the bullet now at the beginning of a U.S. recovery than to be forced to devalue when their neighbors are in a full recovery mode...

Jim