from THE JAKARTA POST -- TUESDAY, DECEMBER 16, 2008 -- PAGE 6 As a country which managed to weather a terrible economic crisis less than a decade ago, Indonesia should be able to face the current one with self-confidence.
Looking around, we may see many reasons to worry nowadays. No day has passed without bad economic tidings.
Lehman Brothers went bankrupt; stock markets around the world crashed; the U.S. government wrangled with bailing out Citigroup and the Big Three (Ford, Chrysler and General Motors), erstwhile icons of U.S.
economic might. All these companies are giants, older than the Republic of Indonesia. Still, they could not withstand the perfect storm called the global financial crisis.
The list of victims has been long and continues to grow. At least four countries -- Hungary, Iceland, Ukraine and …