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Non-Tech : Dollar/yen ambush?

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To: Thomas M. who wrote (91)9/24/2000 9:16:00 PM
From: robert b furman  Read Replies (1) of 95
 
Perhaps a general title like :Currency Interventions that fail and provide shorting opportunities : would be appropriate.

What has France or Italy done to make their economies more efficient? Nada - thusly the folly of intervention.

Inefficient economies that bleed off productivity gains to transfer wealth to the masses, just do not out perform the economies that respond quickly to economic displacements.

It may not be pretty but it is true. JMHO

Bob
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