Mahathir began by congratulating Cuban President Fidel Castro for a 'most revealing dissertation on the disparity between the rich and poor of the world'. Their approach is very simple. Should there be any new ideas in the social, economic or political field, they quickly come up with their own interpretations designed to benefit them. Thus we see them foisting on the world their moral values, political systems and economic globalisation. But in East Asia, rogue currency traders devalued the currencies, throwing millions out of work.
Capital is the new gunship of the rich.
By coming in with short-term investments, they create an illusion of wealth. If money is capital for the rich, labour is the capital of poor countries. Mahathir said the economic turmoil in East Asia has resulted in the rich taking what belongs to the poor. They could have bought at normal prices during normal times but they preferred to emasculate us before they take over at a fraction of the cost. Backing this move are the international institutions which insist we open up so that the predators can move in and take over everything.