http://timesofindia.indiatimes.com/articleshow/559066.cmsEUROVISION/RASHMEE Z AHMED
TIMES NEWS NETWORK< SUNDAY, MARCH 14, 2004 12:41:10 AM >
The deadly bombs that ripped through three Madrid trains late last week (THURSDAY) shot the global market's nerves to pieces. Like Humpty Dumpty, US and European stocks had a great fall.
But here's where Western capitalist economic logic breaks ranks with Western political philosophy and action. The markets have a callous collective wisdom all their own. A bloodied Madrid is seen to matter more than body-strewn Mumbai. Carnage in Baghdad knocks more points off the world's leading market indices than gross bestiality in Basra. T'was once brutally, if well said: "The central fault line in modern post-industrial society is between the winners and the losers in the global marketplace"...
...The biggest, most inviting Western target is London. This is a city that houses Tony Blair, President Bush's chief lieutenant in the war on terror; the mother of all parliaments and the London Stock Exchange, Europe's largest pool of capital...