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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Esvida who wrote (693)	1/11/1998 10:50:00 PM
From: Elllk	Read Replies (1) \| Respond to of 9980

Al I see Sankar's point and I see it as akin and converse to the observation that foriegn aid is "taking money from the poor in a rich country and giving to the rich in a poor country." The local corrupt crews have turned to the IMF because they have no other choice. Of course, it will be a nifty battle because the IMF is the means be which our (ie US and Western World) corrupt guys try to force the transfer of a bigger piece of the South East Asia corruption pie to themselves (letting the SEAs know that the real wheelers and dealers are no longer to be denied) while the local corrupt guys try to make believe they are going along with this though doing as little as possible to that end while maniacally, but quietly, running around finding every back door and cubby hole they can. Its sort of like the Republicans or Democrats of some state sweeping to power in a reform movement in which they suceed in throwing out the corrupt office holders of the other party so that they can then straigten out the world out by putting in their own corrupt officials. Of course, in either case the various groupings of the corrupt (a, perhaps, very small percent of our species but inordinately powerful due to the intensity of their lust for power combined with extreme aggressiveness [ie violence? broadly defined], short-sightedness, and selfishness) will be happy to compromise with each other, if forced too by each other, and if they can increase their own take by improving on their effectiveness at leeching off the communal body (politic) constituted of, for the most part, their more numerous moral, ethical, human, etc., superiors who, obversely, tend to be less aggressive, selfish, greedy, etc. ...which is to say, yes, well, another minor moment in the story of human tragedy. Larry