Ellen Frank did a nice job of handling this question on KPFA about a week
ago.  Maybe she should chime in.

On Sat, Mar 22, 2003 at 12:25:44PM -0800, Peter Dorman wrote:
> I'm both happy and a bit embarrassed at the way this dollar-euro story 
> is being picked up by the antiwar movement.  I'm happy because the 
> extreme vulnerability of the US payments situation is crucial to any 
> analysis of the geopolitics of the current moment.  Talking about this 
> represents an advance in sophistication and perhaps preparedness for 
> what may come.  I'm embarrassed because the analyses that are floating 
> around are highly flawed in their particulars and make it look as though 
> our side is not very together.  I think the fault may lie with us lefty 
> economists; we who have been studying this for years should be writing 
> about it, but instead we are leaving it to folks who are trying to 
> figure it out on the fly...
> 
> Peter
> 
> Carrol Cox wrote:
> 
> >This article by Geoffrey Heard is one of the better I've seen on the
> >war. This URL takes you to the printer-friendly version.
> >
> >Carrol
> >
> >http://slash.autonomedia.org/print.pl?sid=03/03/20/1330253
> >  
> >
> 

-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]

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