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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Chip McVickar who wrote (1191)	1/27/1999 11:05:00 AM
From: Henry Volquardsen	Read Replies (2) of 3536

Chip Sakakibara has been singing that song for awhile. Nice way to distract attention from from the Japanese political elites inept handling of their own economy to accuse 'free market orthodoxy' of endangering the system. He criticizes the IMF's handling of Indonesia but then seems to be in favor of just that type internationalist organization exercising more 'supervisory' powers. Contradictory at least (I would say self-serving but already used that in yesterday's discussion of Michael Lewis and don't wish to get in a rut :) ). Meanwhile it would be more useful if he focused more on the abuses at home, such as ft.com

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