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To: elmatador who wrote (22105)8/5/2002 4:41:21 AM
From: Raymond Duray  Respond to of 74559
 
O'Neil's ploy sounds suspiciously like a little financial help and a lot of PR bull-oney.

This is based on the usual hypocrisy of a full bail out for bankers who've engaged in "moral hazard" at the expense of the public, who will be forced to suffer "austerity" because of the sins of their leaders. Typical. I really appreciated the way Mohammed Matahir of Malaysia stood up to these IMF/WB thugs when they came to "bail" Malaysia out of the currency crisis that Western bankers fomented there.



To: elmatador who wrote (22105)8/5/2002 1:58:08 PM
From: Ilaine  Read Replies (1) | Respond to of 74559
 
IMF is willing to help Uruguay because their problem is that they are dependent on Argentina. They did not screw up, Argentina did.



To: elmatador who wrote (22105)8/5/2002 2:00:46 PM
From: Joe Copia  Read Replies (2) | Respond to of 74559
 
To all that care to reply:

1) With the US pouring $$$'s once again into South America, will this simply strengthen the EURO??

2) Are any EURO dollars going to South America?

3) Is a strong EURO a good thing? The EURO is gaining strength but at what cost to the US and the US dollar?