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To: BGR who wrote (119285)	4/20/1999 12:35:00 PM
From: yard_man	Read Replies (1) \| Respond to of 176387

>>The IMF has its own problems - some would claim that it was responsible, unknowingly perhaps, for the S.E. Asia crash by forcing interest rates higher; a model that the US wisely chose not to follow but instead decided to lower interest rates when the need arose. << On the contrary BGR -- many maintain that interest rates in the US have been kept artificially low leading to credit boom which will not be resolved without significant woe to everyone. However, it is human nature to look at the symptoms and not the causes when assessing a problem: IMF & US policy are partly to blame for what happened in the smaller Asian countries.