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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: Thomas M. who wrote (34)	9/26/2000 3:07:37 PM
From: ahhaha	Read Replies (1) \| Respond to of 24758

You didn't get it. I said the Euro is doomed. It's only a matter of time. The world's CBs told you this when they decided to prop it up. You have to ask why it needs to be propped. If any entity can survive, it must be able to do so without help. This is the Schumpeter Doctrine and it works regardless of how the world's bleeding hearts would like to excuse it away. The CB action will only enable the Euro to consolidate before it plunges again and sends the Euro member's CBs to buy gold in the open market. Why would they do that? Why would the Swiss buy gold? Because their sojourn into soft money populism has caused them to sell the secretly gotten Rheingeld based on the rosy scenarios doled out by European university econ professors. This was the point I apparently failed to convey in my rebuttal to MSDW economic group prognostications. And please, don't follow other clowns and give me a bunch of third grade illiterate garbage about how Europe is changing its divine right of kings ways and instituting competitive policies. That would require taking away the guaranteed existence. You can't do that there. Throughout history Europe has only learned in the very hardest way about economic truth, and in this case, that requires the total bust of the latest fraudulent scheme, the Euro Commune, to steal from the future for the glory of the state.