Japan and Asia Solve Problem of $ Hegemony

["John Gelles" <johng@xxxxxxxxxx>]

The following is a finished work..  No comment please!

        Russia, China, Japan and India today merged to create
        the UNA, United Nations of Asia.

        Their money will be the unata, initially worth $10.

        UNA announced it considers the USA its friend and
        partner -- not even a rival in any sense. It will however
        immediately develop a blue water Navy twice the size
        of its friend.

        It said it would start with zero unemployment and keep
        it that way by putting anyone who can't find work in the
        Army if they're fit or  the peace corps if they're not.

        UNA is creating a new language of five thousand basic
        words of Russian all of which have three synonyms in
        Chinese, Japanese and English. With this rich redundancy,
        the language is expected to grow from its initial 20,000
        words to a million words in five years. They call the
        language Unanew--if you can speak it, you can also
        speak the four vocabularies it started with.

        The new nation is or will soon be the largest, richest,
        most powerful on earth. The Emperor of Japan, who is
        resigning that office to become the constitutional monarch
        of UNA, has promised his line will marry only spouses
        from other founding former nations until there is a new
        Asian race from the mixture of the four gene pools.

        The USA congratulated the four merged peoples and
        removed North Korea from its list of evil regimes: it says
        North and South Korea are now UNA's neighbors and
        their reunification is UNA's problem.

        Seeing the new balance of power, Pakistan has become
        a democracy overnight.

        Asked if UNA is Jeffersonian or Marxist, the new
        Prime Minister (Putin) said his new country is beyond
        labels. "It's just a great place to live," he said, "and we
        expect to win the Olympics from now 'til Kingdom
        come."

        Asked again about dollar hegemony (believed
        to have motivated the merger) he referred all
        questioners to Henry L. and Warren M.  "They
        looked at our prospects without the merger and
        together had but one thought between them.
        Do it !", they said,.."So we did."

            John Gelles
            Man with a new optical mouse (Logitech}
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----- Related Message -----
From: Warren Mosler <mosler@xxxxxxxx>
To: <pkt@xxxxxxxxxxxxxxxx>
Sent: Friday, March 08, 2002 9:03 AM
Subject: Re: Japan

[Warren Mosler imagined Japan might do as follows:]

Office of the Prime Minister, Tokyo, February 9, 2002, 2:30 pm

National Service Imperative
BOJ says 0 interest policy permanent
MOF to cease issuing securities

...<snip>...[see original]