[lbo-talk] Stephen Roach worries, again

[Eugene Vilensky]

The Business Week cover story that article is based on was quite a
wonderful article.  I wonder, why isn't Business Week a complete
right-wing tool?  They ran some wonderful cover stories, "The China
Price?" in particular.

On Fri, 18 Mar 2005 22:01:00 +0000, Carl Remick <carlremick at hotmail.com> wrote:
> >From: Doug Henwood <dhenwood at panix.com>
> >
> ><http://www.morganstanley.com/GEFdata/digests/latest-digest.htm>
> >
> >Mar 18, 2005
> >
> >Global: America Smells the Coffee
> >
> >Stephen Roach (from Beijing)
> >
> >... For once, call me an optimist.  It's time for America to smell the
> >coffee.
> 
> A cockeyed optimist at that.  Stephen Roach as Ensign Nellie Forbush --
> who'da thunk it?  "Smelling the coffee" is way too reminiscent of Reagan's
> fatuous "Morning in America."  If Americans take a deep sniff, what they
> will smell is economic putrefaction.  A better take on the US's hopeless
> plight is offered by a recent Paul Craig Roberts piece, "Outscourcing
> Innovation ... And Everything Else: America's Has-Been Economy" --
> <http://www.counterpunch.org/roberts03162005.html>
> 
> Carl
> 
> 
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> 

-- 
Eugene Vilensky
evilensky at gmail.com