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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: Joseph G. who wrote (6050)	9/15/1998 6:09:00 PM
From: yard_man	Read Replies (1) \| Respond to of 86076

Message 5756780 toward the bottom Bank stocks have sold off for a good reason, maybe? >>The more dramatic prospect in the current scenario was Brazil's possible role in a worldwide financial crisis because the country was seen as a major chink in the world economic system, Eagles said. ''If Brazil goes, most of Latin America goes, and then China and India would find it hard not to devalue. So it would bring devaluation in the whole of the developing world. ''People are also concerned about the high level of Brazilian debt and the amount of it held abroad, especially in the United States. Because a Brazilian devaluation could have a big impact on the U.S. economy,'' he added. <<