Quote from PARACLESE:
When they go into default and cannot pay back the companies then become insolvent and presto.
But these countries aren't going insolvent. In fact, many of their economies are better run than ours. This is no longer the early 80's.
And many of these countries, Venezuela and Russia and Brazil for example, take no crap from the West anymore. They're now in the drivers seat more often than not.
Again, it's a new world out there...
