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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: X Y Zebra who wrote (3258)3/13/2002 7:25:03 PM
From: Hawkmoon  Read Replies (2) of 3536
 
"The whole aim of practical politics is to keep the populace alarmed

And here I thought it was all about picking someone else's pockets and giving it to their own constituency so they can get
(re)elected... :0)

Conspiracy theories aside, there is often a fine line between democracy and chaos. Any viable political system must have a structure for channeling the diverse opinions and interests of a society into constructive compromise.

And constructive compromise and a governmental and legal framework that protects investment capital is necessary to convince banks and investors to risk their money in developing that society. Without the former, the latter is hard to achieve.

Right now, the post-9/11 world is certainly anxious, and with good reason. Capital is leery about taking on risk outside of the major economies. And until some semblance of global order and discipline has been reasserted, and the major threats dissipated, the undeveloped nations of the world are denied access to capital. In fact, they themselves may be encouraged to heighten the chaos in order for government leaders to tighten their grip on their own people.

So if folks want to gripe about the US cutting itself a switch and preparing to spank some behinds, oh well... Maybe it's their behinds they are trying to protect.... :0) The US is the largest economy on the planet, and should wield that power to whatever extent it must in order to achieve the necessary structural changes that promote economic growth and political structure aimed at fostering compromise between various factions.

And if folks like Raymond want to beleive that the goal of the US is to dominate the rest of the world, I would suggest that he perform some further analysis on the history of US participation in foreign wars. Very seldom has the US attempted to occupy and annex nations that it has defeated in war. Certainly not in the past 100 years, it hasn't.

It's just not in the US interest to occupy other nations. What is in our interest is making as many nations out there reflect as many of our own political and legal values as our own.

And those who worry about the New World Order have to ask themselves whether they would be willing to accept a world government, were it to be created as a reflection of the US political system... I wouldn't necessarily be opposed to such a system, but it will be some time before it occurs, IMO.

I certainly am not willing to support the US giving up sovereignty to be part of some global system that doesn't resemble our own system.

Hawk
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