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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Slagle who wrote (15372)3/14/2007 11:22:57 PM
From: elmatador  Read Replies (1) | Respond to of 217917
 
very few? The world economy today emcompasses the globe while it was that tiny G-7 thing until the early 80s.

The middle classes created in the God Forsaken places. The poor people that abandon the rice field where he toiked behind a bufalo.

The guy on top of the building constructing it that used to plant cassava. The masses of women that today toil inside a sweat shop are happy because they don;t have to live in a fly infested house near the chickens she had to tended.

For someone who hasn't witnessed the suffering of the poor. The sickness. The opression. The monoculture. Of course Globalism is bad.

But consider the option. I know what the option were.

ANy stealing is good. As long as is stolen to be invested somewhere. Because those tax heaven protect capital from destruction.

It is destroyed by taxes that goes to pay salaries of people to remove shoes of airplane passengers. To pay the salary of the dcotors at Walter Reed hospital.

To pay the fuel ofr the Esinsehower aircraft carrier. To subsidize dying industries and uncompetitive crops....

This capital goes to tax heaven and from there goes to be employed productively. This is a one way street.There's no return and there is no alternative.



To: Slagle who wrote (15372)3/14/2007 11:51:23 PM
From: elmatador  Respond to of 217917
 
Pre-Globalism you had governments bought to behave well. No one was questioning Somoza, Stroessner, Suharto, The South African regime...

All of them were left there because they suited a purpose. Today, if we have aberrations like, Israel, Ahmadinejad or Chavez with deplore their atittudes and want them to act normaly. Or at least we laugh about them. We donlt take them seriously. Then, Cold War period, closed economies pre-globalism those guys were the norm. not the exceptions.

I prefer the off-shore banks than the World Bank going around buying good bahevior of dicattors. I was witnessing them on the 70s.

Today they have to sell the telecoms, the banks, open their economies, welcome foreign capital, free the flow of goods...
This is good. This is evry good. And we are not going to return to the bad old days.

The guy who has a job today is not going to go to subsistence agriculture. There is no turning back.

Do you think the Angolans want to go back to be torn apart between mercenaries of South Africa and Cubans? They want to dig the stuff sell and build the country!!!

Look how it was 30 years ago. Compare with today.



To: Slagle who wrote (15372)3/15/2007 2:18:34 PM
From: energyplay  Read Replies (1) | Respond to of 217917
 
Would you define "Globalism" ? Free trade in goods, movement of people, movement of capital, Foreign Direct Investment, technology transfer, or what ?