Date: Sun, 28 Sep 1997 13:55:26 -0700 (PDT)
From: Dennis R Redmond <dredmond-AT-gladstone.uoregon.edu>
Subject: M-I: Re: Re: Weir-Russia, A Slow Descent


On Sun, 28 Sep 1997, ricardo wrote:
> Do you think
> that George Soros, having almost dumped Malaysia in the shit with by
> flicking his bucks elsewhere, is going to tolerate a rampant Russian
> autarky which taxes his profits, taxes his exports and refuses to back the
> value of his investments in a convertable Russian currency. 

Yes. Because that's how the long-term rich think: long-term. West
Germany took more than a decade to turn its currency convertible after
1945, and taxed the hell out of profits. Why should post-Soviet Russia be
any different?

-- Dennis



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