I think that "J P Morgan" has finally caught on!!!

Now Criss, don't you go worrying about ole JP Morgan. Sure they hyped the hell out of the bonds - making the DR sound like the next Singapore. But that's what investment banks do, haven't you heard? The name "Argentina" ring a bell? They'll be okay. You see, the trusty ole IMF will come in to make sure that the foreign bond investors get paid.

So, you see, all of that "independent" and "unbiased" research and risk analysis didn't matter anyway, did it?

And don't worry about the government, either. It's a tricky balancing act to break records for theft, move as much money as you can to the Cayman Islands and leave a little left over to buy reelection, but they'll manage I'm sure, thanks, again, to the those late dollars arriving from the IMF, God bless them.

No siree. The only ones you need to worry about are the Dominican middle class. They're ones that are being snuffed out (or should I say have been snuffed out) by devaluations, taxes, fees, "austerity" plans and hopeless levels of domestic and international corruption and duplicity. Aren't you glad you're not them!

JPM should be more concerned about their own reckless, potentially devastating, leveraged derivatives nightmare.

The US dollar has taken a pounding this year against every significant free trading currency.
Guess what will happen if Bush is successful in getting China to float the Yuan, and Japan stops manipulating the Yen and USD.
The idiots buying massive US debt are going to get crushed, even with the higher rates they will be demanding.

Gold and gold stocks have had a great run, but they have much farther to go IMHO.