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Gold/Mining/Energy : Gold Price Monitor
GDXJ 128.04+0.7%Jan 16 4:00 PM EST

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To: Alex who wrote (13611)6/21/1998 7:18:00 PM
From: IngotWeTrust  Read Replies (1) of 116871
 
Galbraith sez: One of our stronger points is that in consequence of the existing Bretton Woods system - if properly financed - we have a structure for easing what the financial community loves to call a correction.

I am thrilled to see someone of his veneration and station in economics ACKNOWLEDGE the existing Bretton Woods system as currently operative in the global macro-economics.

Those who claim Bretton Woods Currency Accord is dead simply couldn't be more wrong.

And to here this gent speak of its usefulness in "corrections," i.e., global bubble bursts, at least here domestically, is somewhat comforting. After all BWCA was carved out of the disaster called WWII

Thanks for your time and effort in this one, Alex.
For those who want to read up on the blueprint for current economic events to prepare for the outcomes, maybe you could repost that BWCA URL you posted a while back.

O/49r
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