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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (36249)5/28/2000 12:18:00 AM
From: LLCF  Read Replies (1) | Respond to of 42523
 
<. my bet is the common monetary policy will be identified as a culprit by the politicians in this case...>

"Good money driving out bad" will force everyone to the DM anyway... I think the reason many of the countries threw in was that so many loans had to be made in DM anyway, so they figured the Euro is better than the DM. I believe it will hold. Should be interesting though.

DAK



To: pater tenebrarum who wrote (36249)5/28/2000 10:21:00 PM
From: yard_man  Read Replies (1) | Respond to of 42523
 
>>but that could take a while.<<

I think the powers that be have to be thinking about action now -- if they are forward looking at all. The US doesn't have an unlimited ability to absorb their goods -- polictymakers there know this


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