Much like my incessant posting of articles on the EU/$ cross, I will likely not post any more news relating to my "Paper Dragon" thesis. It appears that the liquidity crunch started on NY time and rotated counter-clockwise across the planet. The EU first, now Asia.
This article is the opening salvo of their putative problems.
http://www.nytimes.com/2008/09/05/business/worldbusiness/05yuan.html?_r=1&oref=slogin
Now the central planners have some explaining to do and difficult choices to make. Economics is the cause of most of the world's upheavals.
If a country with over a Billion people could not find enough spectators for Olympic events, I doubt they will be able to engineer a recovery out of this malaise.
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