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Politics : Ask Michael Burke

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To: Mike M2 who wrote (84218)10/14/2000 12:05:26 PM
From: BGR  Read Replies (1) of 132070
 
Mike,

No additional numbers are necessary, as I understand your argument. I am not going to engage in a debate about the methodologies with you as we have beaten this argument to death in the past, but I do agree that intelligent people may differ there, and I will leave it at that. However, the key point that you make is that even when adjusted for methodologies the US has a faster growth rate than the EU.

Generally speaking, when two countries have different real growth rates, their currencies reflect that. I have been trying to convey this simple message to Heinz and Earlie for a long time, but have not succeeded so far. Can you?

Thanks,
-BGR.
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