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The United States’ lack of involvement in the increasingly integrated economic development of East Asia may have a profound effect on American producers, consumers, and overall U.S. economic growth. Countries in the Asia-Pacific region are embracing integrated economic regimes through bilateral trade agreements and the formation of regional multilateral architecture....
In the wake of the subprime mortgage crisis, a number of the largest U.S. banks have turned to sovereign wealth funds--the investment arm of cash-rich foreign governments--for large capital infusions to mend their troubled balance sheets. Additional large infusions of resources, which are to be expected as the subprime crisis...
What is there about a market economy that leads large numbers of people, including a lot of intelligent people, to believe that there is something radically wrong with it?



