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Old 01-17-2007, 06:07 AM   #4
dwestemesse

Join Date
Oct 2005
Posts
478
Senior Member
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They don't mean that it will have any effect on wall street (Read: Nasdaq, NYSE, etc). They mean that no one from wall street (read investors looking internationally) will be willing to invest in Ecuador.
Actually that is false. The unwillingness to invest already existed when the IMF locked Ecuador in reform. Once the IMF put its grip on the nation, it was assured that nation would never prosper.
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