Asian markets are not amused by the Senate's vote on the US bailout

Asian stock markets are down this morning. The vote in the US senate which passed its version of the massive and increased bailout bill has run into the distaste of Asian markets. They are not amused by the added amount of us$150bn to a us$700bn package to excuse American financiers for bad behaviour and little reform. They full well know that it is cash rich Asia who will have to pour money into an undiscipled and insouciant US economy where personal savings are very low, where personal and corporate debt is high, and where US lawmakers think the world is their oyster and que dedale! the world owes them everything for the simple reason it is the US. And the merry go round will whirl even faster for to get off will through the global economy into chaos.