-Caveat Lector-

From: Carl Amedio <[EMAIL PROTECTED]>
Sent: Thursday, July 29, 1999 12:39 AM
Subject: International Monetary Fund approved a $4.5 billion


> -Caveat Lector-
>
> IMF-Russia, 2nd Ld, f0207,140
>
> WASHINGTON (AP) - The International Monetary Fund approved a $4.5 billion
> financial package for Russia Wednesday aimed at helping to keep the
country
> afloat through December parliamentary elections and presidential voting
> scheduled for June 2000.

Ha Ha. The IMF "lends" the Russkies money so they can pay the IMF lenders
the interest
the Russians owe the IMF. Seems like Circular Monetary Policy, or Russian
(Payback) Roulette.

Wish VISA had the same policy.
flw

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