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Can we take a moment to remind ourselves that the rise in power of states containing, what, half of humanity is a good thing?
by Colman (colman at eurotrib.com) on Wed May 18th, 2011 at 12:22:24 PM EST
[ Parent ]
It's a good thing in that the Chinese seem - so far - to be more pragmatic and less ideological about their economics.

(Ironically.)

by ThatBritGuy (thatbritguy (at) googlemail.com) on Wed May 18th, 2011 at 12:29:23 PM EST
[ Parent ]

  And the "so far" is all-important.

"In such an environment it is not surprising that the ills of technology should seem curable only through the application of more technology..." John W Aldridge
by proximity1 on Wed May 18th, 2011 at 02:36:12 PM EST
[ Parent ]
Coleman, I agree that the rise of ALL of the BRICs is a good thing, the most positive thing to come out of this debacle. But accelerating that process by looting and tanking the economies of the former First World is not a good thing -- especially for the residents of those societies, the vast majority of which did not benefit from the process.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed May 18th, 2011 at 05:25:43 PM EST
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