-Caveat Lector-

You wrote:
>
> -Caveat Lector-
>
>IMF manager says worst of world financial crisis is over
>
>NEW YORK (February 24, 1999 10:17 p.m. EST http://www.nandotimes.com)
-
>International Monetary Fund managing director Michel Camdessus on
Wednesday
>declared that the worst of the world financial crisis is over. He also
>insisted that globalization is here to stay.
>

The IMF has been making these optimistic statements for quite some
time. It was just a few months ago that they devised a plan to prevent
a recession in South America. That plan has obviously failed. Now most
of South America is in recession and it appears that a recession may be
beginning in the UK and Germany.

Regards,
Danny

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