Brian: Speaking of globalization, have you been following the Vinashin debacle in Vietnam? You’ve mentioned Vietnam before and indicated you consider them to be an up-and-comer, economically speaking.
I was speaking with several Australian business types, all of whom have pulled up stakes and gotten out of Vietnam. Most of them cited dealing with the Vietnamese Communist Party and its corruption as the main issue, but this Vinashin implosion spooked them as well. To me, Vietnam is China in microcosm.
Further on the subject of globalization, and tying back into your comments on Merkel and multiculturalism, you might want to look at German crime statistics and the reaction of German citizens to what they perceive as a foreign invasion. I’m not saying I condone this, but when you look at France, Holland, Sweden, etc, and the move away from Center-Left policies to Center-Right, you get the sense that there is a growing backlash emerging.
