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To: John Hunt who wrote (16331)	9/3/1998 7:47:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 18056

lots of red here... quote.yahoo.com is latin america next to see financial crisis?

To: John Hunt who wrote (16331)	9/4/1998 5:22:00 AM
From: John Hunt	Read Replies (3) \| Respond to of 18056

Economist - On the edge economist.com << The risks of a deep global recession are increasing. But it can be avoided so long as policymakers heed some lessons from history "WE ARE today in the middle of the greatest economic catastrophe of the modern world . . . the view is held in Moscow that this is the last, the culminating crisis of capitalism and that the existing order of society will not survive it." Thus spoke John Maynard Keynes in 1931, as world output was tumbling and unemployment everywhere inexorably rising. But plenty of economists might express similar views today. The world economy has become far more dangerously poised even during the past month, let alone over the past year. At the annual meeting of the Federal Reserve Bank of Kansas City in Jackson Hole, Wyoming, over the weekend, some central bankers were privately admitting that these are the worst global economic conditions they have seen in their lifetime. >>