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a standard, and most of those loans were coming out of Korea, and Japan. Sure there were smoke and mirrors, but the US dollars situation contributed significantly to the fall of Real estate ventures in Thailand, and then there was a HUGE ripple effect across the Far east/asia.
China is still strong, and Austrilia is actually BENEFITING. My thing is that people don't understand what this "global community" means. It means that everyone has a greater stake now in economic,political, and military poilicies of sovereign states worldwide.
This is by NO means an excuse, just fact. An ugly fact. Shit...It will all fall apart. If this shit don't work out right for the US we will be another Italy. Poor, disenfranchised, and yet another fallen imperial power. THAT'S why Bosh can't pull away. There is too much at stake.
And as a politician, I would have a hard time supporting pulling out of this war. Shit is ugly.
All about Oil and Dollars.
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