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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (2291)	11/3/1998 6:12:00 PM
From: sammaster	Read Replies (2) \| Respond to of 3339

so if they do service debt all that does is give US banks interest payments temporarily, right? the rules imf set up in return for the cash will hinder their growth and accelerate the recession....that means they will import less from surrounding countries....that will pull latin america into recession...and that will pull US into slowdown if not outright recession....a viscious cycle that will in turn slow brazil more as we and others import less so basically this cash infusion will do nothing for brazils economic status except let it pay its bills to US banks....and as brazil sinks deeper into recession it will default on further loans...who will bail them out then? sounds to me like in order to save bank defaults they are going to push latin america and probably US into a deep recession... isnt that what japan did? and look where its economy and market are now.. samir