X-Message-Number: 5528 Date: Tue, 02 Jan 96 11:05:52 From: John de Rivaz <> Subject: Re: Forex growth In article: <> writes: Yvan Bozzonetti wrote: > > The first "industry" in the world is speculation on the foreign exchange market > (Forex for short). It moves $ 6. 10^11 every day on the London place and $ 4.5 > 10^11 on both, New York and Tokyo. The bulk money on that market is $ 4.5 10^12 > growing at 20 percent/ year. In ten years from now it will overcome the $ 3.5 > 10^13 world gross product. Clearly this is not possible, so there will be a > major economic collapse before 2005. The fate of USSR gives us a taste of the > years to come. You are assuming that the world gross product is a constant. With reduced war damage and increased production due to improved technology this figure will rise. If it stops rising, (eg due to excessive government intervention) so will Forex growth. Also, as the rise is technology driven, should it not ever take place cryonics will fail and we will all die. Therefore I could never be proved wrong. If things do not turn out as I (and others) suggest none of us will be able to observe the event. -- Sincerely, **************************************** * Publisher of Longevity Report * John de Rivaz * Fractal Report * * details on request * **************************************** **** What is the point of life if it ends in death? **** Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=5528