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Hiccup? Or Global Meltdown?
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PHOTO (COLOR): Safe harbor? As the world's biggest exporter, America remains vulnerable to the ripple effects of Asia's fortunes
WORLD AFFAIRS '97
THE LIFE AND TIMES OF THE KEVLAR ECONOMY
If export markets dry up, U.S. investments in emerging markets continue to fall and currency devaluations make imports cheaper than domestic goods, can America really continue to ride through the crisis? Maybe IMF bailouts will stem disaster.
Discuss