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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Sonki who wrote (16123)	1/4/1998 3:00:00 PM
From: j g cordes	Read Replies (1) \| Respond to of 50167

Sonki, I meant the FULL text, not the article.. actually I posted the article here yesterday. An obvious problem in this new world arena, is that asset relationships can be leveraged and traded very quickly. Once a perceived weakness is shown, a country's currency, a commodity, a country to country peg, trading accounts, national debt issues can all be brought to their knees... or driven up. Changes that might have occured over years or months can now take place over days or hours. The dynamics behind the 'deflation' argument might only be temporary increases in productivity, or they may be pendulemic (made that up), once they start to swing past mid-point, have a tendency to run their course internationally. Jim