At the beginning of World War II, every Filipino hated America intensely. Never in our history has a friendly nation turned so bitterly against us. Why did it happen? And was that condition a symptom of a deeper problem in America? A problem that plagues us even more today?
The World bank maintains that Australia is the richest country in the world, when unexploited natural resources are taken into account. Yet today Australia is broke. What’s happened to the land down under?
As we go to press for this last issue of 1998, Asian currencies have recently gained strength because of the decline in value of the U.S. dollar. However, the flawed fundamentals of those now-economically depressed nations still remain flawed.