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Pastimes : Ask Mohan about the Market

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To: Zeev Hed who wrote (13632)	1/31/1998 12:28:00 AM
From: IQBAL LATIF	Read Replies (1) of 18056

Zeev- Well capped I agree 'Euro' a suspect but resolve to unity is their- I really don't know how they will create 'economic unity' without first creating a 'geographical entity'- A United States of Europe with 20 different languages, cultures and resolve of independent identities will ofcourse have dinosaurish teeting problems but one thing I know Germans will not be able to extract anymore sacrifices from countries like France- demand needs to be propped you cannot find solutions of structural problems by reducing working weeks - Jobs need to come companies need to be productive and US type corporate revolution ala Mike Milken is around the corner- Welcome to US of Europe but with a difference they have no other way but to accept the Anglo Saxon model of corporate governance- this Cradle to grave security and Corporate Managers emerging from Grand Schools era is toeards an end- Beaureaucracy has led Europe down now as they look towards US with envy they know it well open up or shut up- they will open up soon.

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