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To: Chip McVickar who wrote (1742)3/30/1998 6:39:00 AM
From: Henry Volquardsen  Read Replies (2) | Respond to of 3335
 
Off Topic Chip and CLK,

Thanks for that response Chip. Very interesting.

On his comments about Greece and Turkey. This is in fact a very important question for the future of the EU. What I am hearing recently is that The Germans have promised the Greeks they will ensure Greek entry in the second round of union if the Greeks drop their opposition to Turkish entry to the EU.

The EU is also preparing a way for entry my many of the Eastern European economies. Of course this is based on their believe union will precede smoothly. If there are difficulties it will be interesting to see how they maintain their resolve.

I agree there will be pressure for an Asian currency block. That will be much more difficult do to Asian resentment of the Japanese. Remember the EU drew Germany in immediately to control it's impulses and integrate it into Europe. No such move happened with Asia and Japan and it will be much more difficult. There has been more of a tendency to fix to the dollar. In fact I believe there is a stronger liklihood that you will see an extension of the dollar as the currency for South America and some parts of Asia. This trend has already started with the potential extension of NAFTA and the currency board in Argentina.

I found the last two paragraphs particularly striking.
That shifts -- in todays 'environments' of currencies, international
politics, trade, commodities, economics and demographic-ethnic developments
all appear to be moving to a rapid conclusion, but in fact are the result
of history and are moving very slowly......

Technologies have narrowed our focus, but old problems of an intergrated
europe may not come so easily, may not follow the paths layed out for them.
That the seeds of division in europe will not go away easily.....even
with broad and significant economic prosperity.
It was an interesting few hours spent with an old Lincoln Scholar.


I absolutely and strongly agree. This is a natural development in human history. There are many 'tribal' issues that may yet cause delays but if you look at the long scope of history what is happening is inevitable and I believe in the best interests of human development.

Your friend sounds like a fascinating gentleman. I wish I could meet him.

Henry