Re: Re: Re: Re: Re: RE: Re: economics on pen-l

2002-11-19 Thread soula avramidis
i found myself once next to a wealthy man in a cold war peace rally, i asked him what he was doing there since it was something the commies put together in part, he says a nuclear bomb or an ecological disaster will poor and rich alike. i think there in international culture a heavy humanist herita

Re: Re: Re: Re: RE: Re: economics on pen-l

2002-11-19 Thread Eugene Coyle
I share Soula Avramidis' insight and worry about natioanl chauvinism. Separately, I see an environmental calamity close at hand, but I think that it will tear humanity apart rather than bring it together. Gene Coyle soula avramidis wrote: I refer back to an item that says that the conservativ

Re: Re: Re: RE: Re: economics on pen-l

2002-11-18 Thread soula avramidis
  I refer back to an item that says that the conservative desocialising agenda is at work under George w. if so and I am sure cuts in social spending are abound, then to what degree is a fall in the average level of education of the American working class fosters ultra nationalism and imperial agg

Re: RE: Re: RE: Re: economics on pen-l

2002-11-18 Thread Michael Perelman
The dollar has historically been seen as a hedge against uncertainty. The war would seem to promise more uncertainty, perhaps then subsidizing the dollar in part. On Mon, Nov 18, 2002 at 08:17:43AM -0800, Devine, James wrote: > Peter B. writes:>The strength of the dollar depends entirely on the >

RE: Re: RE: Re: economics on pen-l

2002-11-18 Thread Devine, James
Title: RE: [PEN-L:32338] Re: RE: Re: economics on pen-l Peter B. writes:>The strength of the dollar depends entirely on the willingness of the rest of the world to accumulate them at the rate of one-half trillion a year.  Private wealth-holders will do so based on expectations of r

Re: Re: RE: Re: economics on pen-l

2002-11-17 Thread Michael Perelman
Business Week recently had an article that seemed to agree with Peter. I did not save the ref, but it was from the last few weeks. Peter Dorman wrote: > Devine, James wrote: > >> Peter D writes:>... >> I'm wondering whether foreign central banks are already >> financing the >> US current accoun

Re: RE: Re: economics on pen-l

2002-11-17 Thread Peter Dorman
Devine, James wrote: RE: [PEN-L:32288] Re: economics on pen-l Peter D writes:>...  I'm wondering whether foreign central banks are already financing the US current account deficit, in light of the weakness in US financial markets. < don't you think that it's foreign financiers

RE: Re: economics on pen-l

2002-11-16 Thread Devine, James
Title: RE: [PEN-L:32288] Re: economics on pen-l Peter D writes:>...  I'm wondering whether foreign central banks are already financing the US current account deficit, in light of the weakness in US financial markets. < don't you think that it's foreign financiers that are doing so, rather

Re: Re: Re: economics on pen-l

2002-11-15 Thread Ian Murray
haven't we collected a bunch of it in the archives? - Original Message - From: "Michael Perelman" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Friday, November 15, 2002 7:16 PM Subject: [PEN-L:32284] Re: Re: economics on pen-l > I wish somebody woul

Re: Re: economics on pen-l

2002-11-15 Thread Michael Perelman
I wish somebody would collect a compendium of this nonsense, but it probably occurs faster than anybody could record it. On Fri, Nov 15, 2002 at 07:01:03PM -0800, Eugene Coyle wrote: > Bush's FCC, according to today's Wall St. Journal, gave $16 billion > (maybe a net $8 billion) to the wireless