[lbo-talk] Re: The Plutocrats Go Wild

Doug Henwood dhenwood at panix.com
Mon Sep 13 07:24:46 PDT 2004


Brad Mayer wrote:


>This is precisely a spector that would make any sensible Democrat
>_not_ want to be President in 2004. Then add in the Middle East
>mess. I wouldn't count on any sudden moves from the very
>conservative leaders of N.E. Asia, who will instead do almost
>anything to keep the status quo by propping up the USD. But there
>is a big chance for a dollar crisis despite their efforts, which,
>coming despite them, will hit them doubly hard. In fact, the next
>big financial crisis could emerge again from Asia itself, as it did
>before, and this could trigger such a crisis in the USD.

Do you ever argue from evidence, or just from what pops up in your head?

Doug



More information about the lbo-talk mailing list