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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (33076)5/6/2003 1:05:27 AM
From: elmatador  Respond to of 74559
 
It's a good idea. Read it on the light of what has happened since the book was written.



To: RealMuLan who wrote (33076)5/6/2003 1:18:59 AM
From: elmatador  Read Replies (2) | Respond to of 74559
 
One sign of return to natural size is when the US starts engaging on adventures such as Iraq. It shows that the country can, no longer, count in pure financial muscle to impose its views. This perceived weakness, plus France, Russia and Germany opposition the military muscle instead of financial muscle doesn't augur well to the US.
America has used its financial muscle to impose its view on world affairs. A host of restrictions on U.S. voting behavior at multilateral institutions has laws requiring U.S. representatives at the banks to oppose loans to countries that violates human rights, that expropriate U.S. property, that provide refuge to terrorists, and that create new competition for U.S. producers. For instance penalize Poland for having imposed martial law the Eximbank embargoed loans to that country. But don't go tell pezz, about that. He thinks that any analisys like this is a sign of anti-Americanism.