Jesse's Café Américain

Every empire in its official discourse has said it is not like the others, that its circumstances are special, that it has a mission to enlighten, civilize, bring order and democracy, and that it uses force only as a last resort. And, sadder still, there always is a chorus of willing intellectuals to say calming words about benign or altruistic empires, as if one shouldn't one's eyes watching the destruction and the misery and death brought by the latest 'mission civilisatrice.' Edward W. Said

Showing posts with label emerging markets. Show all posts
Showing posts with label emerging markets. Show all posts
14 February 2009

European Banks Face Devastating Exposure to Emerging Markets

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This view from the City of London is interesting, given the devastation that permeates their own surrounding landscape. The Anglo-Americans ...
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