Views of the world hosted by Editor Zakaria(Newsweek)

American style of capitalism is the model for the world? Let us wait and see the consequences in the days to come.

Senior commentator Melman,author:
"Economic disasters begin with America, but this isn't an American disease anymore. It's global. From Beijing to Moscow, from Delhi to TelAviv, the world herd have followed blindly the tunes of the Wall Street pied piper. The roots of the problem are in greed, arrogance, stupidity and ignorance - in short, in basic human futilities. (or human frailty?)

Anwer Sher, commentator in banking:
"The crisis in the US market has been an economic slowdown, a gross mismanagement of public money(spending $1.5 billion a day on the war machine rather than on jobs, health and education), and the absence of a viable economic plan."

Ali Ettefagh, director of Highmore Global Corp.:
"It is astonishing to observe from abroad that the punishment is so severe for ordinary American citizens who default on their taxes, but that reckless financiers, who set the banking system on fire and cost those taxpayers billions, can walk away just marginally poorer.

Francis Shieh a.k.a. Xie Shihao, a reader of the above statements from Washington Post (9/19/08 page D4)with empathy of their views. September 21, 2008 at 2 p.m.