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Gold/Mining/Energy : Gold Price Monitor
GDXJ 92.07-1.7%4:00 PM EST

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To: Richnorth who wrote (5347)1/7/1998 6:58:00 PM
From: Abner Hosmer  Read Replies (3) of 116741
 
Richnorth - My comments on the article you posted:

>>China sees a plot in U.S. aid to battered Asia<<

That doesn't come as much of a surprise.

>>"The United States is certainly not offering a new Marshall Plan to East Asia," the article said. "By giving help it is forcing East Asia into submission, promoting the U.S. economic and political model and easing East Asia's threat the U.S. economy."

''Troubled East Asian countries have no alternative to swallowing the bitter medicine presented by the International Monetary Fund, and under harsh conditions contract internally and further open up externally,'' it said.<<

This is all total nonsense. East Asian countries are free to tell the US and the IMF to go piss in a bucket, we can fix our own problems, thank you very much. What are we going to do, nuke'em?

>>China often accuses the United States of trying to subvert its communist system by insinuating ideas of free markets and democracy.<<

That comment pretty much sums up the whole article. I tend to think that the govts and peoples of Indonesia, Korea, Thailand, and the Phillipines have a little more interest, responsibility, and control over their economies than the US does. If I follow you correctly, the idea is that the US is trying to destroy East Asia because they represent a threat to its economy? Following this logic, I suppose we will then follow this up with the deliberate destruction of Japan, Germany, Great Britain, Canada, Eastern Europe and South America !!

Tom
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