posted 05-20-99 12:24 PM ET
This is to continue some of those posts in the "The United States no longer exists" thread which were not related to that thread.But first the economy stuff included in those posts by High Priest, Roland:
**** a. ****
HP said,
"Hah! Look at the US in the seventies(and maybe today), it seems the Japanese are far more ruthless in business aspects (maybe not so in originality). The Japs took over many US markets, electronics, cars, etc. It wasn't till recently that the Americans have begun to retake their home market."
I had already said,
"I don't mean here that such practices by the Americans are unexpected or unethical or what. It is what you call business. The point is, if there is no country as strong and influential as America, I am sure the recovery would be more in line with the wishes of East Asians rather than as at now, since some of the European strings would end up cancelling each other."
In any case, your statements at least prove nations, even the No.1, is very sensitive to foreigners controlling banks.
** b. **
Roland:
The thing about India is similar to Cuba. Both cozied up to USSR and received a (just) retaliation. As for India, I did say India could have done much better. I would be the last one to blame India's economic mess on any other country. Discussion about that here will not be interesting to non-Indians, though.
Other than that, not much I have against the Americans in economic matters.
Actually, I was wondering today how I came to be anti-US in this forum! I supported the raids on Tripoli and also the liberation of Kuwait. Maybe I connect everything to my dislike of draft-dodgers becoming supreme commanders. Or hopefully, the issued involved are such that I happen to be on the opposing team, like in the Yugoslav issue, the A-Baghdad-bombing-a-year-keeps-political-opponents-away and also the unnecessary wrangling over how/where to try the Lockerbie suspects.
In fact, I was hoping all of Europe would teach India a lesson for the nuke tests. They didn't do it and forced Pakistan to defend its 'honour'. Most Indians were actually PLEASANTLY surprised at Pakistan's nuke ability.
As for Mahathir, I suggest you read his "Malay Dilema" written 20 years ago. I know we can't read all the interesting books in the world. Yet, even as an Indian, I found the book interesting and gave it to my German friend. ('interesting' does not equal 'correct/good/aceeptable'.)
Funnily, Mahathir does not seem to be following his original ideas anymore.
Currently in Kuala Lumpur, the worry on economic melt-down, while significant, is overshadowed by other concerns: The loss of the pig-industry, concerns about judiciary independence and the coming general elections.
In any case, I think it better (for me) to put the Mahathir and IMF issue away. I know little about IMF. And there is too much to write about Mahathir/Malaysia to fit this thread.
One final note:
Roland said,
"On the other hand, the IMF could just stay out if it all..."
I would say it is good idea but then others would say I am a racist Indian who wants East Asians to suffer. So, keep the money rolling!!
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Will post the stuff related to this thread soon.