The New Era      cultural magazine  e mail romgiul@tin.it

The financial markets are out of breath! 8 April, 2001 Siena All our savings are at risk! The economists of Anderson School of UCLA warn us about the next recession that seems highly probable. The Stock Exchange complained about a not aggressive cut of interest rates. We think that politics is more important than economy. We would like express some hypothesis about the monetary politics of FED. 1)The FED thinks that the cut of the interest rate will be ineffective in tha actual bearish market; 2)the FED doesn't want a runaway inflation; 3)the FED wants support the trade exchanges, that are good as ever; 4)the FED consider the diffuse profit sharing of thousands of savers dangerous; 5)the FED thinks that the rithm of New Economy is not sustainable now because of the lack of energy. We saw that on the Stock Exchange at the top of quotations the petroleum price was raising! WE CAN AFFIRM THAT THE RHYTHM OF THE NEW ECONOMY MAY BE VERY HELPFUL FOR ALL THE WORLD, BUT IT NEEDS ENERGY. IT IS NECESSARY TO DEVELOP A NEW ENERGY PROGRAM FOR THE PLANET! IT IS NECESSARY TO HAVE A STRONG POLICY FOR DEVELOPING ECOLOGICAL ENERGY! TO HOME PAGE The New Era

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