Brazil next?

[Carl Remick]

Re Doug's quote from TheStreet.com: "Russia is metamorphosing back into
a Soviet state. The question now is
whether the panic gripping world markets is going to push Brazil back
into the hyperinflationary chaos of the eighties. Signs suggest yes. The
Dow may be down 300 points today, but a Brazil debacle will make that
drop look benign. ... If the Real
Plan collapses, so would the rest of Latin America. Then, the emerging
market crisis, once seemingly far away, will begin to bulldoze our own
backyard."

Is it time to wake Max "Markets Will Fluctuate" Sawicky yet, or am I
still being alarmist?

Carl Remick