On Jun 27, 2008, at 9:16 AM, shag wrote:
> there was some debate on the list about how the economic meltdown
> in the
> u.s. won't hurt countries that are detached from the global
> circuits of
> capital. that being outside or detached makes them less dependent
> and, i
> guess, they'll survive and maybe even triumph as the current
> imperial world
> order crashes and burns.
>
> i was hearing on the radio yesterday, the china's being hit hard by
> our
> lack of spending here in the u.s. was china supposed to have been
> outside
> these circuits or was it just places like s. africa?
Oh, how is China being hit hard? I haven't seen that.