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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?


To: Paul Berliner who wrote (1090)12/3/1998 2:00:00 PM
From: Chip McVickar  Respond to of 3536
 
Paul,
Yup Brazil is getting pounded...wow...8% Peru 4%, others are holding up
fairly well. Elections and uncertain implimentation of IMF money dealings
in Brazil....If they default the deflation dance takes on another dimemsion.

German rate cuts should help....

Is this 1 step back for the world's financial system or 5 steps back or total
destruction..?

We shall see