dence the region would be for the IMF to announce a new
deal with Brazil. Indeed, Brazil's bonds soared today, extending gains that began in
New
York yesterday in expectation of an agreement in the talks that began in Washington
this
week.
Analysts are surprisingly sanguine that repercussi
Rakesh Bhandari wrote:
>At any rate, the US ruling class is saying to its counterparts that the
>rate of accumulation which it sustains on the basis of American style
>hyper-exploitation and massive indebtedness is no longer strong enough to
>carry the burden of ensuring the expansion of East A
JD wrote
> at the same time that the IMF pushes them to deflate?
And at the same time the switch to a single currency and a single central
bank was accomplished to reduce the effectivess of (domestic) political
pressure to lead to (potentially) pro-growth, inflationary policies?
Eric
> This idea is truly mind-blowing. The US can put sanctions on
> countries
> for not making their economy grow fast enough to take enough US
> exports
at the same time that the IMF pushes them to deflate?
JD
- Original Message -
From: "Michael Perelman" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Monday, March 11, 2002 9:37 AM
Subject: [PEN-L:23805] Re: Protection, Contagion, Reflation
> This idea is truly mind-blowing. The US can put sanctions on
countri
This idea is truly mind-blowing. The US can put sanctions on countries
for not making their economy grow fast enough to take enough US
exports
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
Ian
thanks much for forwarding this.
US exports to the EU and Japan are capital goods heavy, no? Need to
look at James Galbraith's and Andrew Warner's data. So it's not
reflation per se the US wants but reflation insofar as it engenders a
surge in investment demand, demand for new capital goo
[Financial Times]
US warns steel trade tensions may spread
By Guy de Jonquières and Edward Alden in Washington
Published: March 10 2002 21:22 | Last Updated: March 11 2002
01:14
The US administration has warned that strains in international
trade relations could spread from steel to other secto
I like the bit about the possible contagion of the poor in this analysis
from an establishment think tank, Stratfor. Anyone for a FTAA now?
-
President's Resignation Leaves Argentina on the Brink
Summary
Argentine citizens this week began venting
July 1996 to July
1997, acted improperly, without consulting the government, when
defending the baht from a attack by international speculators.
The baht's devaluation caused extensive contagion among the region's
so-called economic tigers. Some countries, most notably Indonesia,
have yet
y encourage the belief that more help is on the way
for Argentina.
"It's an indication that [IMF and U.S. officials] are very worried
about contagion, worried about global risks and worried about
weakness," said Morris Goldstein, a former IMF official now at the
Institute for Internati
Saturday June 5 1999
Belgium Broad food ban leaves shelves bare
AGENCIES in Brussels
Belgians wondered what to eat yesterday after
everything from steak to eggs, from
mayonnaise to chicken wings and chocolate
mousse
Saturday June 5 1999 South China Morning Post - Hong Kong
Food scare in four countries
AUDREY PARWANI
Pork and poultry products imported from four
European countries will be withdrawn from
sale after the worst food scare in
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