Sunday, January 20, 2008

Strange rise of Eastern neo-colonialism

S. Swaminathna wrote an interesting editorial in today’s Times of India called " Strange rise of Eastern neo-colonialism ". Article is about how Western economies are taking help from Eastern Sovereign Wealth Funds ( SWF ) to rescue there companies. So he argues that days of IMF have gone and now East may start dominating West through these MNC board rooms.

An article on Yahoo Finance called " Sovereign Wealth Funds Eye US Deals " shows how much money is being borrowed by West from Eastern SWFs. keeps track of SWF Investments.

Another article on Online Journal stuck me today. It's called " The planned collapse of America ". At this point of time there may not be any direct link between the two, or is there any?

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