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

To: average joe who wrote (53175)	8/5/2009 1:58:43 PM
From: elmatador	Read Replies (3) \| Respond to of 218154

The "here" and the "south". There was a time when the here lived on the effort and productive assets. The entitlement to a living was based on real assets. Byt end of 1960, the model was exhausted. Once a model is exhausted, it fades away while better models take its place. Then the US made the mistake that will cost dearly: It replaced the real economy by an financial carroussel. At first it worked. The system extracted the maximum of the exoisting juices it had. Ravaged the blue collars class by dowsizing and re-enegineering its corporation, by then being wipped out by the Japanese and Germans exporting juggernauts. That was compounded by capital hogging and fleecing the developing world which were exporting its capital while OECD countries -which by then whad joined in- creating artifical capital flights. Flights for quality and rating agencies gimmicks. By early 90s it could live on the savings of Cold War and applying military technology to civilian uses. That culminated with a carnaval of over-investiment of the tech bubble. But 2001 the system had died out. The AG put a tube in the veins of the presunto and kept it alive by massive injectons of money. But two facts conspired with the OECD trick: Had been severly burnt in the past 2 decades the rest of the world smarted up. Second and the most important SCALE hit the OECD hard. Demographic window threw billions of productive workers into the world economy. They developing world first paid up all the debts, just stopping exporting capital. Then they start amassing reserves com gusto. Today, the tube keeps pumping money into the artifically inflated OECD countries. As they print, the rest of the world prints too. But with a difference! the money printed there is capitalized and become productive assets enriching a mass of productive workers. Result a rebalancing that will make the economic landscape of ther world become totally different in a couple of decades.