Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (19368)	10/4/2004 9:10:39 AM
From: Rarebird	Read Replies (1) \| Respond to of 110194

<was hoping that the G-7 will induce some normalization in FX manipulation-but it seems business as usual> story.news.yahoo.com Who takes the G-7 seriously anymore? The fact that the G-7 is having less and less effect on world markets and currencies is interesting, but it is not the major issue. The major issue is that now, the G-7 has joined the international lender of last resort, the IMF, as being SEEN to be ineffectual. This is completing the process by which the two major global adjudicators of the system of fiat money and floating exchange rates have lost their "credibility".