Tuesday, March 27, 2018
On the Fact that (According to Economist, Thomas Sowell) On the Eve of the 1997 Economic Crisis In Indonesia (Which Was Actually a Regional Crisis but I Digress), the Chinese Minority In that Country Was Only 5% of the Population and Yet They Owned 80% of the Capital - this, Despite the Fact that They Had Been Badly Treated by the Majority for Decades
Needless to say, the Chinese were blamed for the crisis and because of that the violence got even worse (a short-sighted tactic in that it prompted a lot of the Chinese to flee the country, causing the markets to tank even more).............Oh, and do you think that the Indonesians being predominantly Muslim and the Chinese predominantly Buddhist and Christian may have played a role here? I do.
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