Shades Re: "isolationism" Almost every single poster on these "bear boards" at this website and others all have a feeling in their gut, in their "heart of hearts" that things are headed for some sort of big blow-up. Pick your poison, Hubbert's Peak, Greenspan et al, H5N1, you name it. If they thought that the world was going to continue onward pretty much as it has in the past, with stocks returning 10-12% per year decade after decade then they would be fools to bother with all the trading, at least the high net worth ones would be. Just buy the index and let it compound over the years. But they don't do that do they? I don't either. Its -into gold- out of the dollar- into the yen- back to the dollar, ect. We all, I think have a feeling that the near future may not work out nearly as well as the past decades. And if things really blow up globalism will be the first neck on the chopping block. If things muddle onward pretty much as they have in the recent past then the globalist order of things will continue, for a while.
Globalism has to fail sooner or later, I think. Imagine all the fuel required for all the ocean freight and air travel, do you really think that could be provided by ethanol or bio-diesel? I don't think so. Imagine how stupid and wasteful the process is: we import bulky straw hats and stuffed teddy bears and other uneeded junk from the other side of the world and ship the stuff in oil burnings ships which BACKHAUL EMPTY because there is nothing to send. It is crazy. Think about it.
Even the optimists have us running out of oil in 30 or 40 years. Yikes, I may not be around then, but I have young children and to them 30 years is nothing.
And that is just the energy part. Listen to the lefties. Globalism is fraught with every type of contradiction, social, environmental. You name it. It could end. And it should.
Slagle
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