credit(debt) is like a social CO2. It stimulates breathing, but too much will render society unconscious.
harry ----- Original Message ----- From: Horace Heffner <[EMAIL PROTECTED]> Date: Tuesday, November 18, 2008 7:56 am Subject: [Vo]:Declaration of the Summit > Declaration of the Summit on Financial Markets and the World Economy: > > http://www.whitehouse.gov/news/releases/2008/11/print/20081115-1.html > > http://tinyurl.com/6czgg7 > > The end of the Bretton Woods system as we know it is coming. > > http://en.wikipedia.org/wiki/Bretton_Woods_system > > The formal beginning of a New World Order with teeth? > > The world bank needs about a $100B injection of cash. It is going > to > be tough to get the research and deployment funding needed to solve > > the real problems if we have to bail out the whole world financially. > > Best regards, > > Horace Heffner > http://www.mtaonline.net/~hheffner/ > > > > >
