Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Knighty Tin who wrote (34266)	7/26/2005 5:11:35 PM
From: regli	Read Replies (2) of 116555

In France it is reflect in the success of Le Pen. The rejection of the European constitution was significantly influenced by immigration issues particularly from Muslim countries. This is an issue everywhere in Europe. It will take great maturity to resolve it via integration instead of confrontation. As we know in the States, it is much easier to motivate people for the seemingly quick resolutions promised by wars and violence instead of the painfully slow road of social integration. Globalization isn't just about business, it also brought with it huge social challenges. Most societies today are faced with changes to their value systems imported by newcomers or simply brought on by internal changes required to participate and survive on the world economic stage. The challenge over the next dew years will be to welcome change in the face of economic decline in order to maintain social stability. Remembering Germany in the 1940s, I desperately hope that the dreams of fascists the world over to revert back to the good old times will not take root.

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