Query for Nestor

Les Schaffer schaffer at optonline.net
Tue May 1 16:42:03 MDT 2001


[ from Nestor ]

En relación a Re: Query for Nestor, el 1 May 01, a las 13:26, Michael
Perelman dijo:

> Louis and Nestor, won't 1998 look very different from 2001?  Wasn't
> 1998 a high point?

1998 wasn't such a good year. The "high point" (a relative one) was
reached before the Mexican crisis, around 1995. Ever since, things
have been going downwards though with some crests and troughs. 1998
was the year when recession set in, however, so that it is not what
one would call a hing point. Maybe one could call it the last,
temporary, slowdown in the free fall course.

Néstor Miguel Gorojovsky
gorojovsky at arnet.com.ar





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