To: ARCADIA
The usual result is capital flight to safer currencies. And that happens immediately. The market is watched and played in realtime - investors don't wait 2 years to make a decision about whether something is really going south or not, they sell at the first sign and stay away till there is reason to believe it a wise move to reinvest if that point comes at all. It doesn't seem to matter what minute detail of this get's looked at under the microscope, it is all bad.
316 posted on
04/10/2004 9:17:45 PM PDT by
Havoc
("The line must be drawn here. This far and no further!")
To: Havoc
It doesn't seem to matter what minute detail of this get's looked at under the microscope, it is all bad.
That, ironically enough, may be our only saving grace. All the players are aware of the risks, and reasonable people do not want to collapse the system and risk a major global war. We can only pray that reasonable people prevail.
320 posted on
04/10/2004 9:29:31 PM PDT by
ARCADIA
(Abuse of power comes as no surprise)
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