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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?

To: Steve Fancy who wrote (11652)	1/14/1999 9:07:00 PM
From: Logos	Read Replies (1) \| Respond to of 22640

>Spending by the federal government fell to 810 million reais >from 2.1 billion reais the previous month. This was offset by >interest payments on the government's 368 billion reais debt, >which rose to 7.8 billion reais from 7.1 billion reais in >September Maybe my brain is dull right now from the latest New York flu, but is this saying that the government in one month spent 7.8 billion reais on interest payments and 810 million reais on everything else? Something just doesn't seem right here. Or, to put it more bluntly, THIS IS BUTS! There's no way anybody or any country can keep going like that, they'd just declare bankruptcy. Did I read the article correctly? Thanks much. Logos