Gar writes:
>Has actually developed an exchange rate table using Arjun Makjani's
>basket of goods method? (For those unfamiliar with him, he argues that
>market exchange rates are yet another way of cheating poor and third
>world countries . One example of his point is that you can buy within
>M
Has actually developed an exchange rate table using Arjun Makjani's
basket of goods method? (For those unfamiliar with him, he argues that
market exchange rates are yet another way of cheating poor and third
world countries . One example of his point is that you can buy within
Mexico more with t
Date: Thu, 24 Sep 1998 07:04:50 -0400
From: WK <[EMAIL PROTECTED]>
Subject: ER9809-#2 TIME HAS COME FOR DISBANDING THE IMF!
ER9809-#2 TIME HAS COME FOR DISBANDING THE IMF!
Welcome to erMail, the email subscription service of the Committee on
Monetary and Economic Reform (COMER). Thank you for
Some time ago, somebody offered an argument
to debunk the Social Security actuaries'
predictions of future growth as too low.
The argument went something like, "even
in the 30's depression decade, growth
was higher." I responded that this wasn't
a great argument. For one thing, the average
is se
Max Sawicky wrote,
>I do not smoke cigars,
>and I am not a crook.
Yes, Max, but have you ever inhaled?
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
^^
Doug Henwood wrote,
>Debts don't show up in the NIPAs, since they can't be charged against
>current production, so they have no effect on personal savings. They do
>show up in the flow of funds, which is why the "net financial investment"
>figures were so tiny.
I stand corrected. They don't show
On Thu, 8 Oct 1998, Frank Durgin wrote:
> Oil and gas accounted for between 40 and 50% of Soviet exports.
> And that accouinted for a little over 31% of domestic production of oil
> and gas. 7.4% of Soviet output of tractors was exported (considerable
> number's of Soviet made "Belarus" t
Tom Walker wrote:
>True enough, but that's only part of the picture. Increases in liabilities
>-- most notably mortgage and consumer credit debt -- are also counted as a
>subtraction from net savings. So if an individual makes a $10,000
>contribution to a 401k and in the same year takes out a $10
Tom Walker wrote:
>"That $15 billion to $20 billion a month in retirement money has got to go
>somewhere." - Ralph Acompora, Newsweek, August 17, 1998
>
>I'm no match for the tag-team of Henwood and Sawicky. But I'm left with a
>nagging question: if the NIPA figures totally discredit the hypothes
who's going to win the so-called "Nobel" prize in Economics this year? Any
bets?
I think they should give it to those two finance guys again, as a
consolation prize.
Jim Devine [EMAIL PROTECTED] &
http://clawww.lmu.edu/Departments/ECON/jdevine.html
>From russia today Oct. 8 1998 Mos 1:58 p.m.
Second Day of Protest Begins in Russian Far East
MOSCOW -- (Agence France Presse) Communist
predictions that nationwide protests would continue were being borne out at
least in part on Thursday morning, as mass demonstrations over wage arrears
res
On october 7
Dennis Redmond wrote.
--
> The Soviet
> Union sold a hell of a lot of oil and gas on world markets, but that's
all
> it was able to sell.
Here are some figures necessay to place that statement in context
Oil and gas accounted for between 40 and 50% of
>From "Russia Today
Debt Scramble
Bankruptcy may hasten a financial-system breakdown
Far Eastern Economic Review Interactive Edition
By Peter Landers in Tokyo
October 8, 1998
I n the middle of September, about 1,700 of Japan Leasing Corp.'s customers
received an unusual letter from Yasuda Trust & Banking, a Japa
October 8, 1998
In Only 4 Months, Greenspan Changes Economic Tune
By RICHARD W. STEVENSON
WASHINGTON -- Testifying before Congress in June, Federal Reserve Chairman
Alan Greenspan called the U.S. economy the best he had ever seen. Less than
four months later, he is trying to avert a slowdown t
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-- =_NextPart_000_01BDF2BE.A4AB2C10
BLS DAILY REPORT, WEDNESDAY, OCTOBER 7, 1998
RELEASED TODAY: In April through June of 1998, there were 1,500 mass
layo
Eugene P. Coyle wrote:
>
>> When an individual goes into a 401 k or similar contrivance, reported
>>income for tax purposes goes down. Is the amount deducted "saving"? And
>>is that (or any other $$ figure for saving) in a ratio with income for tax
>>purposes, or the total income before the 401
"That $15 billion to $20 billion a month in retirement money has got to go
somewhere." - Ralph Acompora, Newsweek, August 17, 1998
I'm no match for the tag-team of Henwood and Sawicky. But I'm left with a
nagging question: if the NIPA figures totally discredit the hypothesis of a
"baby boom retir
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