Re: Re: Argentina, Australia and Canada

[Louis Proyect <lnp3@xxxxxxxxx>]

>Don't know if this is related or not, but I think so in a tangential way.
>
>Standard and Poor's--an American institution--just lowered Japan's sovereign
>debt still yet again, to as low as Malta's. What is S&P's rating for the
>USA, the country that it is from?
>
>Charles Jannuzi

Can't remember where I read it, but some economists predict that the
current crisis gripping Argentina will eventually hit Japan. However, this
does not necessarily mean that Japan has become subject to neocolonial
subjugation. Rather, that the global economic crisis is finally beginning
to be felt in a major way in the advanced countries.

Louis Proyect
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