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


To: TobagoJack who wrote (45983)1/29/2009 2:40:38 PM
From: elmatador  Read Replies (1) | Respond to of 219714
 
What's happening with finance, already happened with industry rich (the center) countries. They F...ked up everything that is possible to f...k up.

that's the insight of the day!! Let me tell you.

Optics, tyres, carmaking, motorcyles, sporting goods, textiles, footwear, bulk chemicals...

they just freaking become incompetent to do anything that requires work.

Some here would say, well, there was no money on that. That's why the center countries farmed those industries out.
Good. As they farmed that out and they hollowed out their economies. There was less and less that remained wihtin their borders to do.

Granted: SW, microelectronics, fine chemicals, IT gear, telecoms, aircraft.

But they continue to have a standar of living as if they were producing goods and services!!!!

Only the multiplicastion of fishes and loaves is comparable to that Mr. TJ!!!

But since the last multiplication happened over 2K years ago and the Man in charge no longer is among us (physically I mean) this can be only justified as fleecing the periphery kept the fact cat center countries going in other people's effort a.k.a as fleecing.

Well, the cow is no dry and the teats can't give more milk. What the center did?
The Madoffed! They just start eating out each other. They printed. And they created money out of the thin air.

The same sins they accused the peripehry to do ovet the past 1/2 century. To the hell with the Max Weber Protestat Ethics! Let's have he cakes and let's eat it too!

There was a collapse. And we are beyond it.