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Strategies & Market Trends : HONG KONG -- Ignore unavailable to you. Want to Upgrade?


To: WONG who wrote (2404)10/8/1998 1:06:00 PM
From: Tom  Read Replies (1) | Respond to of 2951
 
WONG, Symptomatic, I believe, of the current floating rate system in periods of high inter-market volatility. And an argument against Mr. Sachs' position.

Things appear to be working well in this highly elastic monetary system until certain financial and economic instabilities become fact instead of elements for theoretical treatment.

One issue has been needling me for a while now. It is that the globalist community sets an agenda that includes, yet is not limited to, addressing third world socio-economic conditions; then it makes an attempt to make profit -- enormous profit -- while addressing them. We don't require extreme liquidity to "feed the world." Yet, without that liquidity the prospects for profit are greatly reduced. This is just one aspect of the IMF / World Bank / G7 agenda that requires attention in the form of regulation. We need to put a governor on their financial engine.

If you haven't seen it, this Red Alert from Stratfor is alarming.

stratfor.com

Two reasons this alert caught my attention:

1) Jane's Intelligence is reporting the Taleban has entered the India / Kashmiri conflict, inflicting much higher casualties, and indicating to me that another Taleban action plan may have been implemented.

2) the report that Osama Bin Laden is now in possession of nuclear weapons procured from states of the Former Soviet Union (FSU).