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

To: Steve Fancy who wrote (11871)	1/16/1999 8:50:00 AM
From: Bob Howarth	Respond to of 22640

70 cents is a lot higher than I thought REAL would settle. My 40 cents (or worse) might still happen if government can't reform pension system within a couple months. Indexed inflation etc is the easy way that communists (trade unions etc) might pick. Communists are really stupid people. Amazing that Brazilians think it is an austerity program to fund their pension system. Wonder if same thing will happen in USA in 15 or 20 years when SS goes belly up in USA. Incompetent governments sure make life a lot tougher than it needs to be. Go TSP and UBB (dividend coming, hope REAL holds up)