The large flows meant, also, that there was easy funding available for projects (both good and bad), and that asset prices were bid up. Similarly, the large capital flows made it difficult to raise interest rates higher (they were already quite high), for fear of inducing even more capital inflow.
The question which is being increasingly asked is “Are the circumstances of poverty not a pre-requisite for terrorism?” The opposition to globalisation has certainly brought out a number of dissidents of different persuasions, including new style anarchists who are not opposed to violence.