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To: Jurgen Trautmann who wrote (3769)	9/3/1998 7:17:00 AM
From: MonsieurGonzo	Read Replies (2) \| Respond to of 11051

JT; RE:" Malaysia Marches Forward " >o xein' aggellein lakedaimoniois oti teide keimeta tois keinon remasi peitomenoi you gotta translate that one! From the context, it sounds like "we, who are about to die - salute you" or something like that (^_^) Chronology of the 'Asian' crisis... biz.yahoo.com Malaysia did something interesting this week: they made it illegal to sell short, banned the trading of their stocks outside of the country, sacked the virtual IMF financial minister, and more or less took over the economy. Kinda reminds me of a story a Swiss business-man told me while we were sharing a drink on the TGV from Bruxelles: "There is no unemployment in Switzerland. You know why?" "No - do tell me." "Because unemployment is illegal in Switzerland." HongKong's government has been actively intervening in their stock market for a couple of weeks now - becoming more and more adept at executing buy programmes like some kind of professional arbitrageur. Hell, sounds like plain vanilla fascism to me (I mean, in the economic sense, not the social sense). Fascism, the concept of the "corporate state", was and is the single most efficient economic model ever implemented. Italy and Germany effectively diluted the Great Depression by adopting this economic model. Though much of post - 1933 growth in Germany was a fascist-organized, military-industrial complex, similar to the USA post-WWII arms race, Italy was not; and before Nationalism and expansionism, Mussolini was hailed as a hero in England and America for having achieved growth and raising the living standards when most workers around the world were without any hope whatsoever. There is (some) speculation on the 'net that Russia will do something like this - that this is what was meant, but badly translated to the West, when observers interpreted the political mood there as "a return to a (communist) centrally-planned, command-economy". Actually, what they are thinking of is not something radical, but reactionary. Meanwhile, patheteic North Korea fires ICBM's with empty war-heads over Japanese air-space, and begs for more food aid. *aidez-moi !* I mean, there are riots in the factories in South Korea right now, today; and in the streets of SouthEast Asia - these people are hurting, man. Communism doesn't work, and most people can see that. That these suffering nations should turn to fascism should not really surprise us. Problem is, as always: knowing when to exit (^_^) -Steve