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To: JRI who wrote (108273)3/8/1999 3:59:00 PM
From: Mohan Marette  Respond to of 176387
 
John: I assume you heard the news about the IMF deal with Brazil,eh? Well that should calm the nerves of the markets for a while.Rubin also assured the Brazilians that the U.S is also ready to help if needed. Now they are projecting GDP growth rate of 2-3.5% for fiscal 2000 and 2001 for Brazil. Not bad at all if you ask me.

Well looks like the world is not going implode after all.