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Non-Tech : The ENRON Scandal -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (161)	1/12/2002 11:19:55 AM
From: Baldur Fjvlnisson	Respond to of 5185

"Brain damage is worse than brain drain." Another IMF Crash by Mark Weisbrot Franklin Serrano, an economist at Federal University of Rio de Janeiro, recently lamented the large proportion of graduate students in economics who leave for the United States. "But there is something worse than them leaving. It's when they come back." "Brain damage," he says, "is worse than brain drain." Argentina is the latest Latin American economy to be mismanaged into a crisis by US-trained economists. Unemployment is above 17 percent, the economy is in its fourth year of recession and the country is now in the process of defaulting on its unpayable foreign debt. It's not easy being the poster child of neoliberalism. thenation.com