In the News: (from China Daily): “HKMA chief eyes second wave to financial downturn” Financial protectionism may be one of three signs of the second wave of the global financial turmoil. “The global economy is experiencing tremendous difficulties,” Hong Kong Monetary Authority Chief Executive Joseph Yam said. With a rise in financial protectionism, Yam said he worries that investors may refuse to buy financial instruments issued by other countries.
My Comment: This is an instinctive self-defense reaction, but it will not help anyone escape the crisis. In fact, it will only exacerbate the crisis because separation goes against the law of Nature, which states that all of humanity must unite into a single whole, like one family.