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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 143.23-2.9%Nov 18 3:59 PM EST

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To: willcousa who wrote (10178)2/7/2002 12:11:11 PM
From: Proud_Infidel  Read Replies (1) of 10921
 
I totally disagree that globalization is a one-way street. It is instead the promise of a two-way street. It may take a lot of time but improvement will come

This is the exact line that proponents have been giving us for the last two decades, yet the gap(abyss) between the rich and the poor is wider than ever. If you don't believe me, why not listen to what George Soros is, and has been, saying for years.

ksg.harvard.edu

Soros, author of Open Society: Reforming Global Capitalism, concurred that there currently exists an uneven and unacceptable playing field among societies. When poor countries default on loans, said Soros, the IMF steps in and forces these countries to repay the original loans by incurring further debt. "In the IMF's efforts to bail out the creditors," said Soros," it has forced the debtors to absorb the cost. Instead of bailing out, the emphasis should be on bailing in," he said.


Brian
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