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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Step1 who wrote (1037)12/1/1998 1:20:00 PM
From: Chip McVickar  Read Replies (1) of 3536
 
Stephen,
Yes we have chatted on this Currencies thread.

>>how do you balance growth, capital flows and environmental
concerns to produce a better place for all to live<<

Your question is an important one for the generations that will inherit
the next 100 years.

Actually, it is extremely urgent that answers be found for these problems
of which your are concerned...namely how to balance environmental concerns,
the continuos economic capital demands and the greed of the earth's people.
Important, not only to find the answers, but also critical that implementation
be on an “international” level. The politicians of the future will need to
be convinced that their best interests lie in working out solutions.

newsweek.washingtonpost.com

This article is a remarkably insightful look into the core of the problem
and is certainly worth printing for further reference.

Soros maybe a disagreeable individual...but his insights into our worlds
economic systems are direct, distinctly capable, provable and furthermore
correct. His voiced concerns are directly related to your original question
on the declining standard of living here in the USA and also in 40% [if
not more] of the industrialized world. Remember, 80% of the worlds total
population lives at or below the subsistence level with little education,
medicine and food. This planet could not withstand the industrialization
of the total population. Nor the capitalistic imprint of consumer heaven
for everyone......

Within this article are the seeds for answers to the questions you have
on bridging the environmental, social and economic considerations of the
next 100 years. We certainly cannot continue to prosper and destroy within
the old archetype of the “1900's - Industrial National Machine.”
In some manner...it will have to change.

Change on an international scale will not occur unless the archtype within
which Human societies and individuals function does not itself change.
Perhaps what we are watching is the first inkling of a significant and
universal systems collapse as anticipated by Soros...from that destruction
another less exploitive and environmentally sound system may evolve for
the people of this earth.....its caretakers. Arnold Toynbee, a great
historian and one of the first thinkers to write about the cyclical nature
of human society writes so clearly you can feel the rise and fall of the
great societies that he traced. He clearly demonstrated that archtypes
do change...although not always for the better.

There is no inherent reason why today's cultural experiments with free
market capitalistism, communism and socialist systems...with their
respective economic engines can not be abandoned for a better and more
significantly human system of life-living and functioning economic processes.

Lets See What Happens
Chip
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