Re: Re: Bill Tabb is gone: A new direction??

[Michael Perelman <michael@xxxxxxxxxxxxxxxxx>]

Yoshie, I think that your first question should be discussed in detail.
The answer depend probably on the fragility of the world's financial
system.  The trigger in the event of a severe recession is always
something completely unexpected.

On Wed, Dec 20, 2000 at 12:45:12AM -0500, Yoshie Furuhashi wrote:
> I believe that we are heading into a recession, but the questions are:
>
> 1.  What kind of recession?  Mild or severe?  Just the USA or
> dragging down the rest of the world?  What may be the trigger?  When
> will it come?
>
I think that they will be more receptive, whether they are accepted or
what kind will be effective is an open question.  Again, I think that we
should try to learn more about them.

> 2.  Will Americans be really more receptive of left ideas in the
> event of recession?  If so, which kind of left ideas?  Given the main
> currents of Seattle & like movements as well as the Nader/Green
> campaign, is the likely winner -- *if* left-wing ideas gain more
> currency at all -- a protectionist America-First politics in the name
> of "social-clause, fair-trade" high-mindedness, with or without more
> China bashing?
>
> Yoshie
>

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael@xxxxxxxxxxxxxxxxx