Any comments?

Enrique Diaz-Alvarez enrique at anise.ee.cornell.edu
Wed Apr 12 07:55:03 PDT 2000


Brad De Long wrote:


>
>
> Touche...
>
> But if you hit the wall, and if there's no IMF to loan you anything,
> then what do you do? You have your freedom of action, you just have
> no money to pay for your imports...
>

You default. Or threaten to do so and pay x cents on the dollar.

-- Enrique Diaz-Alvarez Office # (607) 255 5034 Electrical Engineering Home # (607) 272 4808 112 Phillips Hall Fax # (607) 255 4565 Cornell University mailto:enrique at ee.cornell.edu Ithaca, NY 14853 http://peta.ee.cornell.edu/~enrique



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