Africa and its Issues- Why Have We Ignored Africa? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Africa and its Issues- Why Have We Ignored Africa?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GUSTAVE JAEGER who wrote (868)	11/3/2007 9:12:20 AM
From: sea_urchin	Read Replies (1) of 1267

Gus > Caught in the Middle: America's Heartland in the Age of Globalism When the US talks free markets what it means is to buy cheap production from Asia and then to be able to go into Asia with paper dollars to buy banks or industries, since the US has virtually nothing to sell. It's all finance capitalism which concerns only the banks and finance giants or the Walmart type supermarket chains. As I'm sure you know, 80% of Americans are now employed in "service industries". Accordingly, those who benefit from this "two-way trade" are the slaves in Asian sweat-shops and the very wealthy Americans. And those who don't are the middle and working class people in the US. The instant the Asians take the paper dollars in exchange for their factories or banks the American workers are stuffed, although on paper "two-way" trade will be seen to increase. That's globalism, as I see it -- and I'm amazed that the ordinary Americans have put up with it for so long.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next