Asiazilla
pms
laflame at aaahawk.com
Sat Jul 13 09:20:12 PDT 2002
Korea is shaky (though liberalized--sold off--
enough to keep western financial and business
interests happy for a couple years), Japan
depends now on a yen staying below 125 (last time
I looked it was pushing toward 115), and the US
is moving toward ever more protectionism. One
good thing is the ASEAN plus 3 have set up a
system of currency swaps that will help foil the
currency speculators the next time an
economic/financial crisis strikes. If the
Europeans put a stop to the US at the IMF and
WTO, and if they put a stop to Bush's latest
futurist venture--invade Iraq, then I'll believe
you Dennis.
What if these economies can do better simply because they do not stop the US
moves through IMF and attack on Iraq. Seems to me that the US actions could
to to the US what WWII did to Europe, Japan and Soviets, and war in
Afghanistan did to FSU. If nothing else Bush is weakening US by all the
bribery he needs to do to get countries to go along with his plans. Uh,
what's up with France?
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