Monday, November 30, 2009

A New Psychological Malady: World Anxiety Disorder -- the Remedy? A Paradigm Shift: As if the world could not get any more precarious and anxiety ridden, follow closely the MSNBC news story "DUBAI, United Arab Emirates - Dubai's main stock exchange dropped more than 7 percent and Abu Dhabi markets slid more than 8 percent on the first day of trading in the United Arab Emirates since officials went public that conglomerate Dubai World was struggling with its $60 billion in debts." This is completely worrisome for the entire globe. If that part of the world sneezes it makes me want to hide under the covers. It goes on to state: "The drop eclipsed the declines seen in world markets last week after Dubai officials on Wednesday announced that Dubai World, the emirate's chief investment and development engine for years, would seek a six-month delay in paying creditors. The news stoked fears that the conglomerate — and the emirate's — debt woes could be a symptom of broader financial instability elsewhere in a still fragile world economy."

This in tandem with a trillion other variables makes the Afghanistan decision loom in importance.

Moreover, in Uruguay a very left of center candidate won the election. His name is Mujica. Who cares about Uruguay? We should. It's in our own back yard and is another thermometer for where that part of the world with Venezuela (oil) and Cuba could lean ALTHOUGH Mujica seems like a different left wing variety as he claims to eschew the typical blabber of the left AND the right. He is very popular now. It can be a yardstick for how many South American countries will be vociferous and active against right wing dictatorships in that part of the world as we historically have just loved them.

We need, in my opinion, of course, a paradigm shift of values as a lot of handwriting is on a lot of walls. Our historical policies have often come back to seriously bite us as there are things we cannot control. We need to take note of the various canaries in various coal mines.

Again, Obama's greatest legacy, in my opinion, COULD be this paradigm shift of values taking great care as to the nature of the regimes across the world with whom we bed down.

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