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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Henry Volquardsen who wrote (1371)3/14/1999 9:32:00 PM
From: Chip McVickar  Read Replies (1) of 3536
 
Hello Henry,

This is a 'remakable article'....
In our on going discusions over the foundations of International Monetary
Systems...you have constantly pointed out that the soundness of any
system is Liquidity and the free flow of capital.

This article proposes some very sobering and insightful commentary.
pei-intl.com
.
INMHO....The most important being the "contraction of derivatives markets"....
I hope you find it interesting.
Chip

BTW....Just announced here this evening is a planned merger in Boston,
between BankBoston and Fleet
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