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The Roots of Reformasi in Indonesia


As that country develops economically, its currency would be revised in value, in order to reflect the increase in purchasing power, due to increases in that country's physical productivity.
             Roosevelt's intention was to dismantle the colonial empires of Britain, France, the Netherlands and Portugal, and convert the war-time production of the United States into capital goods exports to the rest of the world, based on long term, low interest loans, in order to prevent the American economy from going into a recession as a result of the drop in munitions demand at the end of the war, and also to rebuild the world economy. .
             Roosevelt's untimely death ended this grand project. Under his British influenced successor Truman, an alternative 'Cold War' path was taken. The Cold War strategy was used to keep wars going, as in Korea and Vietnam, in order to keep the financial oligarchy dominated munitions makers profitable, and to ensure the recolonization of the Third World, by preventing Roosevelt's idea of large-scale economic development via collaboration between the US, Russia and China, from being implemented.
             Under Kennedy, this policy was nearly brought to a halt. Kennedy refused to introduce US ground troops into Vietnam. He started the publicly funded, science driver, space program, which stimulated the US economy through its productive multiplier effect. He also started the 'Development Decade' program, which attempted to achieve peace through economic development projects worldwide. His assassination by British intelligence marked the beginning of the end of his policies. By the end of the sixties, America's involvement in Vietnam was at its height, and so was the counterculture movement, created and directed from top-down, by Kennedy's assassins, in order to effect a post-industrial shift in the outlook of the American people. .
             As a result of the Vietnam War, and the post-industrial shift, brought about by the counterculture movement centred mainly around drugs, 'free sex' and 'popular music', the United States economy suffered from widening deficits year after year.


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