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

To: TobagoJack who wrote (47604)	3/19/2009 3:40:01 AM
From: elmatador	Read Replies (1) \| Respond to of 217830

Globalization was delayed by bubbles. Clean up was done between 1980 and 1997. It was healthy and created a lot of efficiencies in the world economy. Then stopped. The clean up did not proceed apace because its need was masked by artificial creation of false wealth. There are two types of wealth artificial creation: Argentine type: Default OECD type: bubbling Both give a sense that Argentine type you use money and have not to pay for it. OECD type you don't have the money and it appears out of thin air (when fleecing cannot be done). The pernicious result of both is that delays poverty and the soltuon to deal away with poverty. Because it for sure was artificial wealth. per·ni·cious –adjective 1. causing insidious harm or ruin; ruinous; injurious; hurtful: pernicious teachings; a pernicious lie. 2. deadly; fatal: a pernicious disease. 3. Obsolete. evil; wicked But there is a limit for everything. And that limit was reached mid-2007. August 2007 to be precise. Note that in 2009, it is going to be already 2 years of winding down the sequence of events. Now how many years -given the inertia of the system- do you think it will take to hit bottom, stay at the bottom, create impulse to come out and move up. This is decade long process we are talking about here Mr. TJ.

To: TobagoJack who wrote (47604)	3/19/2009 3:54:55 AM
From: elmatador	Respond to of 217830

Is Hazzardous to exploit to make a living. The princes knew it when the unwashed shirtless came to burn the castle with them inside. Colonial masters also discovered that truth when the subjects reached for the knives. The OECD countries exploited from a position of force the other countries -and let's be honest, if you have power, you use it, right?- not as much as by sheer force, gunboating etc. But by the power given to them by having the so-called convertible currencies, which anyone who needed to perform trade on a global scale or drink a beer on a foreign airport needed to buy. That's only part of it. As THE consumer to be had, the rest of the world struggled, beating each other to death to export to the OECD countries. As a result OECD has had decades of low inflation based on cheaper goods they could import. Armies of shirtless vied with each other to provide the cheapest manpower for OECD lands: Jumping fences, swimming accross rivers, saling boating, seeking "political" asylum... There has been a high degree os subsidiation to the dof living of OECD countries that has never been accounted for. Today, post-collapse, the accounts will be settled, for it is becoming clear who was paying for the living standards of whom.