Message no. 1

From:	Jonathan Hurley <jhurley1@************.EDU>
Subject:	Economy (Was RE: New Seattle Sourcebook?)
Date:	Mon, 18 Aug 1997 20:13:40 -0400

On Monday, August 18, 1997 18:15, Sir Philos Nex[SMTP:philos@****.NET]
wrote:
> Mike Bobroff wrote:
>
> > In a message dated 97-08-18 06:27:25 EDT, s457033@*******.GU.EDU.AU
writes:
> >
> > > Japan already owns about 40% of Amercias gold reserves.... Enough to
> > > bankrupt the ecnomoy if they deinvested totally.
> >
> > Yes, and it would also nail their economy to the same cross also.
>
> Indeed.. not only themselves but the entire planet. It's the same
reason
> that New York will probably never be nuked.. the loss of those financial
> markets would kill the planets economy instantly. No country is willing
to do
> that, no mastter how much they hate the US. (shudder... I hope anyways)
I
> would think that we should worry about those freaks from the middle east
with
> bombs strapped to their chests who *are* willing to blow up NY.. if the
world
> trade center bombing had been sucessful our countries would probably be
still
> in financial shock.
>
Read _Debt of Honor_ by Tom Clancy sometime. In it, agents of Japanese
Zaibatsu bring down the NYSE in an attempt to cripple the US economy, in
order to be able to recover their own. (Much better explanation in it as to
why this was supposed to work. The zaibatsu A) already were in trouble (The
US was imposing stiff trade barriers) and B) had hedged the Yen to keep it
strong.)

Very interesting book.
--
Quicksilver rides again
--------------
Those who would give up a little freedom for security
deserve neither freedom nor security
-Benjamin Franklin
Yeah, I have Attention Deficit Dis - Hey, look at that butterfly!
Jonathan Hurley (mailto:jhurley1@************.edu)