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To: Sergio R. Mejia who wrote (20652)10/5/1998 12:37:00 PM
From: Sam  Read Replies (1) | Respond to of 116759
 
I read that Brazil had 18 billion bucks leave the country in Sept .probably heading for the US, so if the US lends them 30 billion this month ,how long will it take for it to be all back home again ,plus a little more ,I feel the US could have helped prevent much of the problem by lowering the Interest rates quicker ,now they have the greatest share of the worlds wealth in their country ,leaving no one to buy the products
PS. Canada sold its gold 10 years ago and bought US bonds,which have been paying the bills off the flow ,it was a good move ,now if we dump the bonds and buy back the gold then the US dollar will tank and we lose exports ,jobs ,and tank anyway,so which way do you go
sam