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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Joey Two-Cents who wrote (13172)	8/27/1998 11:38:00 AM
From: BDR	Respond to of 18691

Re: Russia Front page, left hand column of the WSJ, under the heading of "Twilight Economy", talks about Russian businesses surviving by bartering. AP reports Russian banks halt selling of dollars to preserve hard currency. newsday.com

To: Joey Two-Cents who wrote (13172)	8/27/1998 12:53:00 PM
From: Oeconomicus	Read Replies (2) \| Respond to of 18691

Joey, yesterday I though everyone was overreacting to Russia - German banks and Soros take big hits, but they are not a big trading partner for us. However, what I didn't anticipate was a political as well as economic collapse. Hardline communists returning to power? Nationalizing industries? "A new approach to economic and social issues"? Did you hear Zbiggy (I have no idea how to spell his name - Carter's nat'l security advisor - you know) being interviewed on CNBC a little while ago? Good-bye democratic reforms - hello Ledbed. Bob