Jim Devine wrote:
> Eventually (in 1985-7), the dollar fell (in
> inflation-adjusted terms, using the trade-weighted measure), due to the
> large trade deficits (which had not yet turned into current-account
> deficits) and due to a convergence of US interest rates with those of the
> rest of th
Dennis R Redmond wrote:
>The
> Opposing Team is Daimler, Sony, Mitsubishi, Nokia, etc. and not just
> Microsoft and Intel. We've got to think *past* the Wall Street Bubble, not
> just against it.
Germans flock East for cheap sex and petrol
FROM ALLAN HALL IN CHEB, CZECH REPUBLIC
AS a boom town
On Fri, 28 Apr 2000, M A Jones wrote:
> Hey, Russia posted a whacking bal of payments surplus last year and has done
> almost every year since 1991. Is it also a no-brainer to buy up some roubles
> right now?
That sounds like a challenge to me. Only trouble is I'm not a Malt Man.
But I'm willing
On Thu, 27 Apr 2000 [EMAIL PROTECTED] wrote:
> >Dennis R Redmond wrote:
> >>There
> >> probably will be a tomorrow for this world-system, but it'll be
> >> transacted in euros.
>
> so should we give up the struggle? i don't see the point..
No, you take the struggle global. The euro, yen and dol
I wrote: > shouldn't the large US current account deficit signal a fall in
the US$ and a rise in the Euro sometime in the near future?<
Mark Jones asks:
>Why?
because the current account deficit is larger than ever before, with US net
indebtedness contributing via the income account. The dolla
Jim Devine wrote:
> shouldn't the large US current account deficit signal a fall in the US$
and
> a rise in the Euro sometime in the near future?
Why?
Mark Jones
http://www.egroups.com/group/CrashList>
Not if people expect the NASDAQ to go up 50% this year. Rational expectations,
you know ...
Jim Devine wrote:
>
> shouldn't the large US current account deficit signal a fall in the US$ and
> a rise in the Euro sometime in the near future?
--
Michael Perelman
Economics Department
California
>When it was launched the euro bought $1.16. Parity - where one euro bought
>one dollar - was deemed unthinkable. Today, however, one euro is worth just
>over 91 cents.
>.
>The problem for the euro is that throughout its life there has been a very
>attractive something else - the dollar.
- Original Message -
From: "M A Jones" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Friday, April 28, 2000 3:57 AM
Subject: Re: [PEN-L:18398] Re: Re: Re: Samir Amin: "Not a Happy Ending"
>
> Hey, Russia posted a whacking bal of payments s
Mark Jones
http://www.egroups.com/group/CrashList
Dennis R Redmond wrote:
> This is known as a buying opportunity of historic proportions. Some future
> George Soros out there is going to make an unholy killing by snapping up
> EUR and dumping USD.
Hey, Russia posted a whacking bal of payments
>Dennis R Redmond wrote:
>>There
>> probably will be a tomorrow for this world-system, but it'll be
>> transacted in euros.
so should we give up the struggle? i don't see the point..
Mine Doyran
SUNY/Albany
On Fri, 28 Apr 2000, M A Jones crossposted:
> Mark Milner, deputy financial editor The Guardian
> Thursday April 27, 2000
>
> How low can the euro go? ... Today the currency slumped to fresh lows on the
> foreign exchanges despite a rise in interest rates by the ECB.
This is known as a buying
Dennis R Redmond wrote:
>There
> probably will be a tomorrow for this world-system, but it'll be
> transacted in euros.
Living in the shadow of the dollar
Mark Milner, deputy financial editor The Guardian
Thursday April 27, 2000
How low can the euro go? ... Today the currency slumped to fres
On Thu, 27 Apr 2000, Louis Proyect crossposted:
> Conclusion to "Not A Happy Ending" by Samir Amin, published in Al-Ahram.
> http://www.ahram.org.eg/weekly/1999/462/samir.htm
>
> US HEGEMONY ATTACKS --THE 21ST CENTURY WILL NOT BE AMERICAN:
> There are no European TNCs: only British, German, or
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