Mike, hopefully my reply has some on-topic stuff.
<<Once [political] power is obtained, the main objective is keeping it.>>
- survival instincts in the animal world work to continue the species - humanity has the ability to work for it's own extinction - place a person in an incorrect situation and the person will act incorrectly - the early bird gets the worm, and early to bed .... makes men and women wise - etc etc etc etc
The point I am trying to make is that a situation created from errors and improper events should not be analyzed to determine if it is correct or not, as this gives out the message that whatever preceeded this situation need not be examined, but one only need to focus on the present events to determine good or bad, right or wrong.
If the social order your wife mentioned requires the mis-use of political power for survival, then that is what will be done and accepted as correct.
if an error creates another error, as in error #1 results in error #2, it is extremely difficult to understand and correct error #2 thru an examination of error #2 components, and if done error #3 most likely will be the result.
Please excuse me for being too one sided in the above, as an answer to:
<<I guess I should go back and make sure I have a correct understanding of what happened to bring on the Asian crisis.>>
<<things were booming in Asia>>
A thing done correct has a good and strong foundation, and the only way to damage or undo it would be an attack from an external source, and then the outer layers would fail before the inner foundation. If the inner layers fail first then an external attack did not destroy it, it was rotten from the start at its core with the exterior having a new coat of paint, over rust.
<<perhaps it could have been controlled and avoided>>
Only by placing a rotten structure on top of another structure, but soon this newly added structure would become infected.
<<much talk coming out of Asian leaders about the need for capital controls>>
Most likely those who failed last time want another chance, and the only thing they know how to do is thru control using force of gun or law to obtain success. A currency backed by gold is a tool to create progress, and needs a free economic system without government controls.
<<... would a single currency clearing house of some sort for the region aid in this? ... but I wonder if there isn't some way of using a centre like Singapore for instance, as a control/distribution centre for all of Asean?>>
My grandfather was a farmer, and my father spoke of the way he saw the people who distributed their harvest not give the farmers a fair price for the goods. All the farmers knew that if they acted together as a single group, then they would exercise more control. But these were all family farms back then, 100 years ago, and each farmer saw himself as the boss, top man, he made the final decision. Like trying to get a dozen persons, each who had the spirit to make the final decision, letting others like him, decide for him. No way. I wonder how this new Europe euro money will stand up in the years to come when a member nation has big economic problems, and they must suffer for the good of the group, and not act alone as a country for its own good.
<< when one went it dominoed the others. Could it be that in the interest of all,they may have to individually submit to the decisions of the majority in this respect? ?????????>>
You may have noticed that I gave no answers, only speculation replies.
Others on this thread and the gold monitor thread have current event details that I do not have. I have no idea where the country Singapore is on a map. I'am not even sure where Hong Kong is, as I thought it was the capital of Japan, but its now China land, so thats that. And this is true, I was 21 years old before I saw that England was an Island, as I thought it was inside the Europe land mass someplace.
Doug |