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 Posted: Thu Jun 1st, 2006 11:06 am
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Joe Kelley
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Joined: Mon Nov 21st, 2005
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http://forum.atimes.com/topic.asp?TOPIC_ID=362&whichpage=32
EAS countries account for half the world's population and have a combined GDP of some US$9 trillion, compared to the US GDP of US$7.4 trillion and the EU GDP of US$8.3 trillion. Experts say that in 20 to 30 years' time, the combined GDP of the EAS countries will be significantly greater than that of the United States or the European Union.

Donald Tsang, chief executive of the Hong Kong Special Administrative Region, said for improved financial integration in the region, immediate action should be taken.

The current financial arrangements lag behind other forms of integration in the region, he said.

We need not arrive at a consensus now on monetary union or Asian Currency Unit as the final goal. There are areas of financial integration well worth pursuing right now.



 

Money is currently a dirty business. Much of it is soiled with human blood. It may soon be time to do the laundry.

Here is some advice:

http://www.informationclearinghouse.info/article7468.htm

Stop using the U.S. dollar, use the Euro or a basket of currencies. Reduce or halt your consumption of British and U.S. products.
 


My comments:

http://forum.atimes.com/topic.asp?TOPIC_ID=7391&whichpage=2
Constructive power invested toward the creation of more constructive power produces prosperity for those currently living and for posterity.

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