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Non-Tech : Shorting the Big Banks (e.g. JPM, BT, CMB, CCI) -- Ignore unavailable to you. Want to Upgrade?

To: Logos who wrote (110)	9/16/1998 9:34:00 PM
From: HiSpeed	Read Replies (1) \| Respond to of 268

Logos, Just read the column from TSC on Brazil. The author gives the impression that Brazil will blow up much like Russia (although I doubt Bazil is chock full of the mafia like Russia) and there's simply no way the IMF could raise more than about a month's worth of funds to keep that economy afloat. The article reminded of asia (special interests politicians don't want to PO; 1000s of state employees who depend on their gov't for jobs, also upcoming elections so cuts would hurt gathering votes, et al). No one is willing to make the much needed cuts to get things back on track. So, if only by default, will Brazil blow up next? If they continue the track they're on do they have a choice.