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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (13566)	1/17/2002 12:39:47 AM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 74559

...So if it's the same numbers as anybody else's, give me a ref (www.prudentbull.com? www.notfleck.alt? ...;) that make an alternative coherent picture out of it. dj

To: Ilaine who wrote (13566)	1/17/2002 4:57:44 AM
From: Don Lloyd	Read Replies (1) \| Respond to of 74559

CB - FWIW - thetimes.co.uk "THURSDAY JANUARY 17 2002 A conservative tide is sweeping Europe ANATOLE KALETSKY Last weekend, Germany’s conservative parties united around an impressive new leader, Edmund Stoiber, to challenge the red-green coalition Government in September’s general election. This morning, the first poll to be published since the announcement gives Stoiber’s conservatives their first significant lead over Gerhard Schröder’s Social Democrats since 1999. ..." "...Germany has become the sick man of Europe because it is suffering the consequences of entering EMU at a vastly overvalued exchange-rate — exactly the mistake made by Britain when it rejoined the gold standard after the First World War and when it pegged to the dollar at Bretton Woods. Because the mark was so overvalued when Germany joined the euro, employment costs in Germany today are 40 per cent higher than in France and Britain and 50 per cent above the level in Italy and Ireland. ..." Regards, Don