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


To: TobagoJack who wrote (51737)7/23/2004 10:36:06 AM
From: RealMuLan  Read Replies (1) | Respond to of 74559
 
>>The penultimate worst-case script may be that Coalition-of-the-Willing troops march on Tehran, and set off Operation Iranian Freedom, and recreate / duplicate another asymmetric and unending battle, that in turn can spread, to Turkey, Ex-Soviet Central Asia, Egypt, Morocco, Sudan, Nigeria, … Indonesia, Philippines, and parts of Europe, Australia, and eventually, Korea, Taiwan, Japan, China. This is also not good.<<

Very well said, Jay. If Bush gets his 2nd term, this is not too far-fetched. The US already starts the propaganda to build the case.



To: TobagoJack who wrote (51737)7/25/2004 2:16:17 PM
From: Hawkmoon  Read Replies (2) | Respond to of 74559
 
A pro-American red capitalist from China recently observed that the some Americans (perhaps he had Ron Hawkmoon in mind) fancy themselves to be like the Romans, without realizing America no longer has what it would take to be like Rome during its peak.

Hmmm... Personally, I don't think of the US as "Rome", or as an "empire". What I perceive is that US values and economic ideas are pervading the rest of the world by way of globalization..

So yeah.. they can emulate certain principles and values of the US, but unless they possess the accountability (both to an electorate and financial markets), it's not likely to sustain itself..

China is a good example of this.. Just how long can China continue to grow at this percentage rate, without possessing a solid and transparent financial system, as well as currency convertibility?

I fear when the Chinese economic bubble collapses (or at least hiccups), it's going to have world repercussions..

Hawk