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Author: lukematt One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 158  
Subject: Re: Financial Doom in Eastern Europe Date: 10/19/2008 11:11 PM
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>
> Found where Albright was born
>

Good work!

>
> haven't looked at Dlouhy yet
>

Don't give up! :-)



I read the article that you mentioned. Here's my favorite sentence:

"After a decade long shopping spree, mainly focused on cars and home improvements, consumers in the Baltic and Balkan countries are tripping over loan payments and sustaining inflation."


I'm not exactly sure what "home improvements" means. From what I see, it should include everything from buying a house/apartment to buying home electronics. I also wouldn't limit the "tripping over" to Baltic and Balkan countries. Instead, start at the Iron Curtain, and go East. :-)

My wife likes our current discussion. She told me that she saw a note posted all around our housing suburb. Some lady is desperate to take a 30,000 Czech crown loan from anyone who will offer it. Hmmmm. I don't really want to discuss "personal finance stupidity" in Eastern Europe right now. Maybe in a future thread.


Let us know if you find where Vladimir Dlouhy is currently sitting.
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