> From: Erik Reuter [mailto:[EMAIL PROTECTED] > > On Thu, Nov 25, 2004 at 10:47:05AM +0000, Alberto Monteiro wrote: > > > And - talking about a falling dollar - the current urgent problem is > > that gov.br is buying dollars in the "open" market to force it _not_ > > to fall too much... > > Isn't everybody? It's like a bunch of morphine addicts. Ooooh, oooh, the > pain, give me more morphine, quick! >
I have just come back from Colombia, and I was interested to find that the desire for the US dollar has changed completely. Last time, the US dollar was king, and much preferred over the local peso, anywhere and everywhere. This time they laughed at you if you offered them US dollars. I have a friend just back from Lebanon, who had the same experience. It is interesting how people in remote Colombian villages are so keyed into the global currency markets. I wonder how much is cause and how much effect. Andrew _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
