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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%Nov 21 4:00 PM EST

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To: Maurice Winn who wrote (6682)5/23/2006 2:21:34 PM
From: elmatador  Read Replies (1) of 217941
 
MQ, TJ: I don't have to get rid of my writing. Here today as actual as 17 years ago: Due to the pattern of technology development, demographics, concentration of consumption, industrial overcapacity, and product demand saturation; the More Developed Countries’s (MDCs) individual share of world’s wealth is diminishing. Every industrialized country will shrink back to its ‘natural’ size as wealth is spread more evenly.

Regardless this shrinkage is an unreversible trend, MDCs try to artificially stick to their actual size. Rapid economic change invariably means disruption to sectors and geographic regions bringing about political pressures to alleviate pains of adjustment; there are congenial tendencies in our economic institutions and political processes to slow things down, to seek breathing time, and to retard the pace of structural change through measures that shield disrupted enterprises or industrial sectors from global forces of change.

It's all there.
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