Monday, May 3, 2010

Ode to Greece

“It has been a year since the world was jolted by the September 11th incident (2001 World Trade Center terrorist attack.) The international community, especially the superpowers, has declared an all-out war against terrorism. To them, terrorism is confined merely to physical attacks on countries and their people. In fact, their economic onslaught on developing countries which have brought unrest, miseries, and the downfall of governments, is equally violent. In fact, the remedies which they prescribed destroyed these nations. The high interest rates, withdrawal of subsidies, and floating the exchange rate further worsened the economy, and resulted in instability. Those who benefited were the currency speculators. Indeed, economic terrorist do not differ from other terrorists.”

- Malaysian Prime Minister Mahathir Mohamad (2003 budget speech-September 20th 2002)

Till next time,

Bill


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