Inside Story - Financial crisis and Asia - 22 Sep 08 - Pt 1

A special inside Story show from Kuala Lumpur where we examine how the financial turmoil on Wall Street has affected Asian markets and economies.

Category:

News & Politics

Tags:

• asia
• financial
• crisis
• japan
• inside
• story
• al
• jazeera
• markets
• stocks
• wall
• street
• economy

[shegax03]

at least for a little while. China and russia has the biggest savings in money,metal and gold. China can make anything they want. USA is only 300 million people. And both countries have seen the coming collapse. They have a plan to turn the economy inward, us their own people as the new consumers, replace the money system. When USA falls the standard of living will skyrocket in china, and will become the new "PILLAR" in due time. you'll see. China isn't so dependent on us as we once thought.

[TimesHaveChanneled]

aint it lookin like the us is playin with the whole fuckin world!?

one day the us is gonna be so much fucked that the most parts of them will be privatized like it is allready in some parts....youll see 1984 will happen for sure but on other ways we expect but it actually will...all thoose kinda prophecies are just fucked up ideas of some weird borderliners takin all the power(money) one their side and youll see everyone without enough power will be enslaved(human resources ^^)

[jolsteiner]

@shegax03 You are right buddy. My feeling is that even though it does not look like it, China is alreaday the PILLAR of economic strength.

[gunchibaiyya]

Here's my two pence : People should stop living uselessly lavish lifestyles.

I am really surprised at how world's largest economy seems to be collapsing in just few month's time. I suspect that companies are washing their dirty laundry in the mayhem of the financial crisis. It is a good reason to lay off workers when everyone is crying slump.

[pjperalta]

"Marc Faber of Marc Faber Ltd. in Hong Kong, said the U.S. government's rescue package for the financial system may require as much as $5 trillion, seven times the amount approved. Chinese banks are banned from lending money to US firms and the whole world will follow suit. Americans must change the system or go broke, enslaved by the crooks! The Fed -led banking monopoly is bankrupt!

[thorres]

I've been writing for 2 years US was close to bankrupcy. Reasons?

60% of debit (GPN) increasing 1.2 tillion each year. No more competitiveness. High level ofcorruption (Republican did not control speculative manouvers)

[voodoovoodooo]

US should solve THEIR problem.We they get money they keep for themselves but when they have problems they want to share with the rest of the world.The play their economy like a cassino.They use their money for war.

They are so futile. When we want to help poor people they don't have money but when US ask for money the whole world help them...why?

[atmanman]

SEIZE CRIMINAL CAPITALISTS' ASSETS

[bluesbegedel]

It's easy to evade this crisis. Asian countries should change their foreign currency from USD to Euro...

[cds10690]

the whole world is going to tip over..

take cover.. ti is going to hurt