nese workers face unemployment orrneven starvation. We always hear aboutrnthese communist victims, but the samernfate awaits the tens of millions of workersrnin South Korea, Japan, Thailand, and Indonesia.rnThey will bear the brunt of thernGreat Asian Banking Crisis, not thernNWO bankers and politicians whorncaused it. Stories about the human impactrnof the transnationalists’ financialrnterrorism have been woefully absentrnfrom the front pages of the world’s newspapers.rnThe recent stories about Asia also dornnot discuss the role of the big Japaneserninvestors who, with the ailing banks,rnowned $291 billion of U.S. Treasuryrnbills as of last July (8.5 percent of all billsrnoutstanding). In other words, in today’srnintricately interwoven “global economy,”rnit is virtually impossible that thernfailure of the Japanese banking systemrnwould not affect other countries, includingrnthe United States. We have alreadyrnseen how a stock market crisis whichrnbegan in Hong Kong soon spread likernwildfire around the globe. Even if thernfire seems to be temporarily under control,rnwe are evidently not out of thernwoods yet. Maybe this is why the U.S.rnTreasury Secretary, in a private letterrndisclosed by the New York Times onrnNovember 13, warned his Japaneserncounterpart that the Japanese “shouldrnnot be tempted to export their way out ofrntheir troubles.” And a drowning manrnshould keep gulping water instead ofrnswimming.rnLIBERAL ARTSrnHOW DID I DO, JOHNNY?rnThe Sunday Telegraph (London) reportsrnthat educational trends in GreatrnBritain are similar to those here.rnUnder new educational guidelinesrnfor the 1997-1998 academic year,rn”schoolchildren will be asked to sayrnwhether teachers treat them fairly.”rnThose who might object that childrenrnare not the best arbiters of “fairness”rnwill be happy to know that thernBrits have that covered. According tornthe Telegraph, “Five- to seven-yearoldsrnwill be encouraged to acquirernempathy, a social conscience and arnlove of nature.”rnRubin is concerned (and rightly so)rnbecause one effect of industrial globalizationrnhas been a huge American traderndeficit, which stood at $192 billion inrn1996. If current trends continue, America’srntrade deficit with the rest of thernworid could expand to $250 or $300 billionrnby early 1999, according to DavidrnHale, a trade economist with Zurich InsurancernGroup.rnAs of August, the U.S. trade deficitrnwith China ($5.2 billion) was even biggerrnthan that with Japan ($4.5 billion), orrnthat with Western Europe and Canadarncombined ($3.6 billion). As of Decemberrn1997, our deficit with China wasrnrunning 30 percent ahead of the previousrnyear’s pace.rnSo Rubin’s remark seems to have beenrndriven by a parochial concern — losingrnmarket share to low-priced imports fromrnJapan or other Asian countries. Yet thosernare precisely the benefits to consumersrnwhich the NWO globalists hailed duringrnthe recent debate on “fast track” tradernlegislation. “Free trade” advocates evidentlyrnhave no trouble talking out ofrnboth sides of their mouths. Another importantrnconclusion to draw from Rubin’srnremark is that the Japanese, if they arernnot allowed by the NWO Empire to exportrntheir way out of trouble, may havernno choice but to dump their huge U.S.rnT-bill holdings and other U.S. securitiesrnto feed the Nippon banking beast. And ifrnthe Japanese pull out of the UnitedrnStates, that would hardly be good newsrnfor the stock market, would it?rnIf you are a Wall Street investor, standrnby for a few more roller-coaster rides onrnthe Dow, but if you are a Main Street entrepreneurrnor worker, brace yourself forrnthe possibilit}’ of a global recession. “If itrn[the recession] spreads [from Korea] tornJapan, then it goes all over the world,” arnKorean analyst told the Sydnev MorningrnHerald.rnWhat goes around, comes around —rnespecially in globally integrated markets.rnThe United States is no exception, just asrnthe British Empire was not. The onlyrnquestion is if the social unrest caused byrnthe gouging of the NWO elite may alsornspell the ultimate downfall of the NewrnWorld Order.rnBob Djurdjevic is a market researcherrnand consultant who analyzes globalrneconomic and geopolitical affairsrn(www.djurdjevic.com). He is also thernfounder of Truth in Media, a nonprofitrnorganization (www.beograd.com/truth).rnMILITARYrnThe ServicernAcademy Dudesrnby Chris TimmersrnAmong the many things I rememberrnis how nice the “digs” were: we werernon the second floor of a well-appointedrnoffice building in the South Park area ofrnCharlotte—a tony, upscale area with arnbeautiful, expansive shopping center,rnnumerous boutiques, top-flight restaurants,rncoffeehouses before coffeehousesrnbecame chic. You get the idea: the highrentrndistrict.rnA local real estate mogul had donatedrnhis offices for this third Saturday inrnJanuary to our local congressman. Therncongressman had, in turn, enlisted thernsupport of 1 5 or so of us to interviewrnprospective candidates for the servicernacademies. One panel of seven of us wasrnto interview young men and women whornwanted to attend West Point and ColoradornSprings; the other group dealt withrnthe Naval, Merchant Marine, and CoastrnGuard academies.rnA young congressional aide met usrnand handed out packets which containedrnsummaries of each candidate’srnaccomplishments (high school transcripts,rnletters of recommendation, variousrnawards, the usual stuff) and a list ofrnquestions we might want to ask the candidatesrnshould we find ourselves at a lossrnfor words. As a graduate of West Point,rnI wondered why I or any of the otherrnpanel members would need this list ofrnquestions. It became clear to me laterrnwhen I learned that, of the seven menrnand women on the Army/Air Force panel,rnI was the only academy graduate; forrnthe Navy/Merchant Marine/CoastrnGuard panel, there were two academyrngraduates, a gentleman from Annapolisrn(’67) and one from the Merchant MarinernAcademy (’68).rnThe chairman of my panel was a retiredrnAir Force officer, a Citadel graduate,rnand a seven-year veteran of a NorthrnVietnamese POW camp who had alsorntaught at the Air Force Academy in itsrnearly years. The other panel membersrnwere a retired president of the Universityrn40/CHRONICLESrnrnrn