Re: [A-List] European Central Banker Says Inflation Is Still Focus

["NÃstor Gorojovsky" <nmgoro@xxxxxxxxx>]

2008/1/24, Yoshie Furuhashi <critical.montages@xxxxxxxxx>:
> Lack of coordination among the power elites of the empire this time? -- Yoshie
>
> <http://www.nytimes.com/2008/01/24/business/worldbusiness/24euro.html>
> January 24, 2008
> European Central Banker Says Inflation Is Still Focus
> By CARTER DOUGHERTY
>
> DAVOS, Switzerland â The president of the European Central Bank
> gave a
> full-throated defense Wednesday of the bank's determination to fight
> inflation, quashing hopes â at least for now â that it might follow
> the United States Federal Reserve in cutting interest rates to contain
> an economic slowdown.

Maybe not just "lack of coordination", Yoshie.

Maybe the European Ãlite feels strong enough to bargain a New New
Order by undermining dollar hegemony. Of course, I am just suggesting
an alternative explanation. My suggestion, I admit, is quite
groundless, since I am not exploring the issue in depth. But maybe
someone on the list might feel interested in this exploration, which
would open up a wholly new set of practical possibilities of
development for the current crisis. Perhaps Henry Liu would have
something to say. Mark Jones, I am sure, would have had. Where are
you, Mark, when we need you most? Wherever he is, I am sure he must be
rolling on the floor in laughter, tears in his eyes.

President Cristina Kirchner, that is a Latin American national
bourgeois, ironized on a speech yesterday that in the same manner the
neoliberal gurus labelled the "Argie" crisis of the early 2000s "Tango
Effect", and the earlier "Mexican" and "Brazilian" ones during the 90s
were labeled "Tequila" and "Caipirinha" effects, we might now speak of
the "Jazz Effect".

If our own radicalized bourgeois politicians can coin such an idea,
what may the UE Ãlite be thinking about?