Japan's soaring public debt

Fabian Balardini balardini at angelfire.com
Thu Sep 2 08:03:42 PDT 1999


--

On Thu, 2 Sep 1999 10:46:29 Doug Henwood wrote:
>Chris Burford wrote:
>
>>But perhaps for that we need the IMF to start issuing global currency.
>
>You mean the IMF should become a transnational state? But somehow one
>not dominated by the U.S. and its junior partners in the G-7? Chris,
>you're dreaming with your typing fingers.
>
>Doug

Not only that the IMF should become a transnational state but also an imaginary economy setting its own currency as the standard according to its own imaginary level of productivity. Would this currency be above or below U.S. productivity levels???


>

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