Also, with global news services running like rabbid dogs over any story it gives the perception that we are all in one global village -- perceptions are misleading.
The US will be for example in IRAQ for the next 10 - 15 years rebuilding as the did in West Germany after WW2...
The statement by a Chinese official that " we need to slow growth" has be taken by perception that this one member of the governing communist party can effect the desires of local chinese to own a car and a flat. Just how long do they think the peasent underclasses will put up with farming at the wrong end of a buffallo.