Re: The Hong Kong peg?

[Doug Henwood]

Tom Walker wrote:

>Erdman's logic sounds convincing. Can anybody explain why Erdman's scenario
>_won't_ happen or how the global money fixers will smooth it over if it does?
>
>Financial columnist Paul Erdman wrote....

It could happen that way for sure. But Erdman has predicted 3 out of the
last 0 depressions.

Doug