"[EMAIL PROTECTED]" <[EMAIL PROTECTED]>
> Well, your view is such a mixture of accepting and rejecting common
> ecconomics,
Economists frequently disagree. Often, economics changes by having a professor
at a prestigious university pump out a bunch of students with the same views.
This
kind of "evolution" is slow and not reliable since the selection forces rarely
match
with whether the theories unambiguously model the system (worse, the system
keeps changing!). Consequently, I don't hold any economic theories strongly,
but
those that I do hold are shared by some economists who have studied the data,
and disagreed with by other economists. Apparently your method of studying
economics is to survey all economists to find out which theory is the most
common? Opinion poll economics!
> Second, the rise of the dollar indicates and the drop in the Fed (together)
> indicates the belief that nothing in Europe is as safe as the US government,
> even though the problem is here now.
Nothing is strong. The dollar went up against "a broad basket of currencies"
as they say. But did you check each of the major currencies that might be
a safe place to stash some cash, to see if they were all down with respect to
the dollar? I didn't (since I don't think the point is important), but I would
before
I would make a statement like "nothing in Europe...". Even then I would be
skeptical of my conclusion, since there are many factors affecting the system
and I am sure I am not aware of all of them.
> We have to hope that this doesn't spread to nervousness about Deutchbank
> and/or
> Barkley's.
"We" don't have to hope that. Personally, I hope that if either Barclay's or
Deutsche
Bank made a lot of bad choices in their investments, then they will fail and be
replaced
by a stronger bank or banks.
_______________________________________________
http://www.mccmedia.com/mailman/listinfo/brin-l
