or should i go all the way the other way and play it just plain foolish .... ==================== well here's a big foot dreaming of foolish "to be confident of a benign global adjustment one needs changes in policies in several places at once..." ---- are ya talkin a world plan here mate ??? ------- ----- he drifts further into his pipe dream... 'like we could deal with todays aaahh...imbalancesif we could all act in unison ya really we could pull off almost anything ... geez if i could do it all myself temporary world king just till i'd implemented a bunch of --------- "significant movements in real exchange rates " ------- no problem here right ??? just some private up down wealth effects ------- ---------- then i need to induce some ...-------------- "higher savings here ... and higher spending there ... " ------ wishs fly where horses fear to tread ------------- --------- his sum up ------------- "The result would not only be more balanced global growth but..... each region would be better off " --------- ah one woild ... imagine the whole 6 billion of us operatin like a great orchestra .... what a beautiful idea but then.... THUNK ------------- "Is this benign outcome likely? No..." --- sorry but " likely/unlikely" don't get to it on market earth long run benign outcomes are fucking impossible imbalance is what its all about temporary world kings would have to keep coming out of retirement this orb only looks like the best of all possible worlds if you happen to own a piece of one of todays winning bottom lines --------Posted by pinky at September 27, 2005 01:06 PM
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