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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (8399)	10/24/2002 4:29:32 PM
From: Jim Willie CB	Respond to of 89467

The imminent and welcome death of Euroland's Stability and Growth Pact by William R. Thomson now we will see simultaneous debasement of JYen by the Japanese govt, of US$ by the United States govt, and of Euro by the EU the result is a coordinated and balanced undermining of all major world currencies, which should encourage a widespread REFLATION in the world economy, and probably an overshoot into outright INFLATION eventually, offset by Japan's and China's deflation exportation Japan is one majorly fuched up economy and govt, now aptly called the "Vampire Economy" since walking dead firms now kill healthy ones, a result of inaction in allowing bankruptcy liquidation gold-eagle.com / jim