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To: Rob who wrote (3550)11/25/1997 12:48:00 AM
From: philv  Respond to of 116815
 
Rob: My sentiments also. Any pullback anywhere in the world is deflationary to some degree even here. We are increasingly a one-world economy (cliche but true). Money leaving the US has a deflationary result. I am not suggesting a repeat of 1929 because I don't have a crystal ball, but how can anyone argue that the US will remain unaffected? To my mind, the only question is how severe this problem may become. After that.......?????

Regards:
Phil



To: Rob who wrote (3550)12/6/1997 1:33:00 PM
From: Rob  Read Replies (5) | Respond to of 116815
 
Good Analysis of the workings of the IMF:
afr.com.au