macromonitor, (i) thailand collapse most certainly affect the world, (ii) we are now living in the echo of that collapse, which led to LTCM episode, and onward and outward and back again, and in the words of George Soros, "this time it is on the periphery, and ... next time, the center (New York)"
So, OK, 9-11 did not manage to rock the center, but the wobbling has certainly shook the system, causing the economic feedback to set the political blowback, and so forth
Now, we wait, but calmly, because we can have gold. |
