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To: John Mansfield who wrote (20135)9/30/1998 3:07:00 PM
From: Bill Grant  Read Replies (1) | Respond to of 116764
 
John,

Edwards 5.5

Bill



To: John Mansfield who wrote (20135)9/30/1998 3:31:00 PM
From: Alex  Respond to of 116764
 
Hi John. Mark me down as an Edwards 5......................

France, Germany agree on financial market reforms

Schroeder says Franco-German alliance alive and well

<Picture: Schroeder and Chirac>Schroeder, left, and Chirac meet Wednesday   September 30, 1998
Web posted at: 2:37 p.m. EDT (1837 GMT)

PARIS (CNN) -- Germany's Chancellor-elect Gerhard Schroeder said Wednesday that he supported French proposals to create better control of international financial markets and assured Paris that French-German relations were alive and well.

"I think a lot of that (proposal) because we must control financial markets better," Schroeder said at a news conference with French Prime Minister Lionel Jospin.

Schroeder's visit to France marked his first trip abroad after he and his Social Democratic Party ousted Chancellor Helmut Kohl and ended 16 years of conservative rule in Sunday's landmark election.

Schroeder said it was too early to discuss details of the financial market reforms but added: "I consider this suggestion to be highly important ... it must be put on the international political agenda."

Schroeder said he supported more control over world markets because "they can bring whole national economies into difficulty, and not just the economies in the developing world."

Last week, French President Jacques Chirac sent a letter to leaders of the world's economic powers. In that letter Chirac had called for a radical overhaul of the way the global economy was policed and proposed the creation of a world surveillance agency with real teeth.

The fact that Schroeder chose Paris as his first international engagement was no coincidence.

The French-German axis, honed by the late French President Francois Mitterrand and Chancellor Kohl, was critical to building a stronger European Union, including the creation of a new single currency that will take effect in most European Union nations in January.

The two countries are also each other's largest trading partners but the weekend election victory had nevertheless raised some concerns in Paris that Schroeder might be putting more emphasis on stepping up relations with London.

"Our relationship is going to be long and no doubt fruitful. As far as our views on the France-German relationship and the demands of European construction are concerned, we were in complete agreement," Chirac said after his two-hour lunch with Schroeder.

"I felt the same way," Schroeder said. "Paris is near in every aspect."

Paris and Bonn also agreed to set up working groups on the reform of European Union institutions and financing, Schroeder said.

The Associated Press and Reuters contributed to this report.

cnn.com



To: John Mansfield who wrote (20135)9/30/1998 4:25:00 PM
From: long-gone  Read Replies (2) | Respond to of 116764
 
RE: edwards scale
John,
While I agree there are some areas around a 7 now, I must think that some of these areas will be no worse off they are today, and maybe a little better.
The area in NM where my dad lived during the depression actually saw a near unchanged lifestyle. They raised 90% of their food, had no
money before, had none during, or after. The way it became better was many my granddad (as many in the area) panned a little dust to pay the taxes. Demand for the gold was up.
Some large inner cities could become around 9 - 19(yes I know it is a 10 scale) depending what end of the gun you are on..
I think The Boulder area (nearby) might well see only a 4.5-5, while where we are & most places 6.5.-8.0
rh




To: John Mansfield who wrote (20135)9/30/1998 5:05:00 PM
From: Amelia Carhartt  Read Replies (2) | Respond to of 116764
 
Edwards 6



To: John Mansfield who wrote (20135)10/2/1998 6:59:00 PM
From: Roderick Francey  Respond to of 116764
 
Edwards index:

Globally 5

N.A.(and Australia) between 4 and 5
Europe between 6 and 7 (Euro may play a part)
Japan 7 maybe even 8 (highly integrated and almost no preparation)
S.A. 5 and 6 (not that integrated yet)
Rest of the world between 4 and 5 (for those nations where technology is not prevalent)

Here's my 3 cents. The more technologically integrated a nation the greater the danger, unless proper preparations have been made. This is difficult to assess. There are so many other factors that may come into being by the time Y2K hits home. Most nations are financially interconnected with each other to some degree. Some will feel the Y2K effect more than others.



To: John Mansfield who wrote (20135)10/6/1998 11:19:00 AM
From: IngotWeTrust  Read Replies (1) | Respond to of 116764
 
Edwards 8



To: John Mansfield who wrote (20135)10/6/1998 11:28:00 AM
From: long-gone  Read Replies (1) | Respond to of 116764
 
RE Revised Edwards scale (first typing that came out scare) - 9
rh
the more they tell me everything will be ok....