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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Thomas M. who wrote (2567)9/5/2000 4:45:30 PM
From: Ahda   of 3536
 
This is an interesting post it brings to mind transparent in Japan re banks. The question them becomes at under four percent unemploymnet at the time their nation was productive. Their dollar was raped however.

So here we are in hedonistic society. Germany absorbed a whole nation and it's debt. We apparently finance a great part of the world and the debt is meaningless to us. Our accounting practices do facilitate debt. Our tax structure is set up to pay homage to it.
When the whole world applies the same structure it is fair. But is ours the proper one to benefit the whole world or is it an illusionary structure that could lead to an erosion of the very dollar that sets a standard for the world?
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