SI
SI
discoversearch

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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (11068)11/11/2001 7:53:16 AM
From: elmatador  Read Replies (3) | Respond to of 74559
 
The industrial revolution was about bringing in the displaced farmer into the industrial economy.

The next revolution necessary to kick-start the world economy is to bring the INFORMAL economy into the FORMAL economy. I am not about about the informal economy is the sense understood of the underground economy in the US, Sweden or Germany, or Italy.

It already downed on us that mass migration will not happen. So what is the option? The world have to put the mass of paupers to work. Just what China is doing, right? Slowly bringing in those outside the gates of the economy into its fold.

It is not about aid or band-aid. It is about putting people to work productively.

Of course there is still be that trickle South to North migration. Green Card´in Germnay H-1B visas in the US and Dekasseguis to Japan. But that won't do. It is just not enough.

What those guys were discussing in Doha, Qatar, this week were not the right issues. The right issues is not movement of goods. The right issues are: HOW CAN YOU BRING THE PAUPER TO PRODUCE!!!