Asia or Europe are big enough entities to take unilateral decisions to
stop
subsidising the USA by giving giving the USA free credit by using the US
dollar as the main medium of international exchange.
While something like an old fashioned currency board can be sharply
inflexibile for a
At 23/04/02 15:14 -0400, you wrote:
Asia should pool forces to stand up to US, says noted economist
Hindustantimes.com
April 22, 2002
Asia should pool forces to stand up to US, says noted economist
Reuters
Tokyo , 22-04-2002
Asian economies should pool their huge foreign exchange reserves