More from the sucksters

[Enrique Diaz-Alvarez]

How about my notion that defaults on this loans were an important contributor
to US development, by removing the need to run a current account surplus to
service the debts? Right, wrong, exaggerated?

DANIEL.DAVIES at flemings.com wrote:


> >(and
> >was funded almost entirely by European
> >financiers until late in the century).
> >
>
> As an employee of the company formerly known as Robert Fleming's Scottish
> American Investment Trust, I can vouch for this point, but no others.
>
> dd
>
>

--
Enrique Diaz-Alvarez            Office # (607) 255 5034
Electrical Engineering          Home #   (607) 272 4808
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