Mustafa Domanic at PostGlobal

Mustafa Domanic

Istanbul, Turkey

Mustafa Domanic is an online activist and blogger. He contributes to several blogs on Turkish current affairs as well as global political issues including foreignsight.blogspot.com. Close.

Mustafa Domanic

Istanbul, Turkey

Mustafa Domanic is an online activist and blogger. He contributes to several blogs on Turkish current affairs as well as global political issues including foreignsight.blogspot.com. more »

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January 2008 Archives



January 23, 2008 2:03 PM

World to America: Stay Home and Rest

The Current Discussion: If countries around the world are doing so well economically, why are they still catching a cold when the United States sneezes?

I don't think the saying used in this latest PostGlobal question describes the current situation accurately and therefore, it should be reversed. The current recession fears in the United States can no longer be described as a sneeze; at this point it is a full blown cold. On the other hand, the reactions in world markets are merely sneezes. So the question should ask: "Why are world markets sneezing when the United States catches a cold?" Then the answer to this question would be fairly easy; because the common cold is highly contagious and the world markets are working in the same office! Unfortunately, we cannot ask the U.S. to stay home and rest.

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