patron saint of the Internet

Charles Brown CharlesB at CNCL.ci.detroit.mi.us
Thu Jun 17 12:21:16 PDT 1999


Doesn't the stock market ripoff wealth rather than create it ?

CB


>>> Rakesh Bhandari <bhandari at phoenix.Princeton.EDU> 06/17/99 01:36PM >>>


>Well the U.S. Catholic Church has endorsed the Jubilee 2000 debt relief
>scheme. While that's hardly revolutionary, it's better than a lot of the
>reactionary stuff they often do.

What was the exact figure Jeffrey Sachs cited in a recent NYT editorial? That the stock market wealth created in the last 5 years in the rich countries is 60x the debt owed by all Sub Saharan Africa?

rnb



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