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

To: Snowshoe who wrote (53988)	8/23/2009 4:37:43 PM
From: elmatador	Read Replies (1) \| Respond to of 218106

can't recall you quoting a book here.

To: Snowshoe who wrote (53988)	8/23/2009 4:40:57 PM
From: elmatador	Respond to of 218106

“Unemployment is observed to be at historically high rates in almost all the advanced countries of the world. Yet economics and economists in these countries have been able to offer very little in the way of explanations which are either convincing or even satisfying to laymen about the origins or the cures of this phenomenon.” Simpson David, Love Jim, Walker Jim, 1987, The Challenge of New Technology, Brighton, Wheatsheaf Books Ltd. I am taking the quotes from the book I wrote.

To: Snowshoe who wrote (53988)	8/23/2009 4:42:42 PM
From: elmatador	Respond to of 218106

“The geographical size, population, and natural resources of the British Isles would suggest that it ought to possess 3 or 4% of the world’s wealth and power, all other things being equal; but it is precisely because all other things are never equal that a peculiar set of circumstances permitted the British Isles to expand to possess, say 25% of the world’s wealth and power in its prime; and since those favorable circumstances have disappeared, all that it has being doing is returning down to its more ‘natural’ size. In the same way, it may be argued that the geographical extent, population, and natural resources of the U.S. suggest that it ought to possess perhaps 16 or 19% of the world’s wealth and power, but because of historical and technical circumstances favourable to it, that share rose to 40% or more by 1945; and what we are witnessing at the moment is the early decades of the ebbing away from that extraordinarily high figure to a more ‘natural’ share.” Kennedy Paul, (1988), The Rise and Fall of the Great Powers, Fontana Press, London. Return to natural size I keep talking about here. You surely read P.Kennedy.

To: Snowshoe who wrote (53988)	8/23/2009 4:45:16 PM
From: elmatador	Respond to of 218106

“The claims of market disruption and domestic injury caused older industrial countries to invoke not only tariffs, but the more restrictive non tariffs barriers of quotas, orderly mar¬keting agreements, voluntary export restriction through unilateral and bilateral policies undertaken out¬side the GATT. Meier, G.M., U.S. Foreign Economic Policies, (1980), Cited from Duignan, P., Rabushka, A., The United States in the 1980s, Hoover Institution, Stanford University, 1980. When I talk about ethnaol tariffs, an d Brazil taking the US once a week to WTO, and Doha round of talks is because I studied the stuff.

To: Snowshoe who wrote (53988)	8/23/2009 4:48:39 PM
From: elmatador	Respond to of 218106

“...further, is strongly arguable that institutions such as the IMF tend to serve the interest of top countries, multinational corporations and banks rather than the governments, institutions or peoples of the global economy which they were designed to serve. Holland Stuart, Global Economy, London, George Weidenfeld and Nicholson Ltd., 1987. That's related to the gentlemen's club G-7 I mention once in a while. but there is more to it. wait

To: Snowshoe who wrote (53988)	8/23/2009 4:53:30 PM
From: elmatador	Respond to of 218106

BACKLASH AGAINST CONSENSUS The collapse of the Bretton Woods agreement —on the early seventies— made impossible to maintain a the postwar commitment to full employment, high public spending, managed exchange rates and tolerable inflation. The consensual social democratic which grew with the Bretton Woods isn’t possible to be main-tained any longer and the system is crumbling. The G7, which in the last years have acted more like a currency cartel isn’t that solid it used to be. America has weakened its standing within the alliance due, in part, because of not addressing fiscal prob-lems. President Bush has admitted that the U.S. can no longer impose unity on the fractious allies. “We’re not urging everyone to march in lockstep”. And “We are dealing in an entirely different era” But perhaps Margareth Thatcher best characterized the precedings when she said: “We are in fact together, but taking a different view.” Businessweek International, Jul. 23, 1990. The end of the consensus among developed countries is followed by the end of the harmony between the two social partners, capital and labor in these countries. “The aversion to industry and commerce, temporarily for-gotten (even by the left) in the period of economic recovery after the war is now again widespread. The concept of ‘harmony’ , which in the post-war euphoria caused European trade unions’ leaders to put peaceful industrial relations before income redistribution has been abandoned...” Duller, H.J., Development Technology, London, Routledge & Kegan Paul, 1971. I like this chapter very much, because I saw the collapse of the G-7 20 years ago. When I write about it today, I am just have fun to be here to see it. But there is more. And “Canadians are deeply unhappy with the way their country is run and are deserting the major parties for regional or single issue groups...Discontent has been fuelled by a sharp deterioration in economic conditions in recent months.” Financial Times, October 30, 1990. “Sweden’s famous economic model— the envy of the world for more than half a century—is dead...Sweden’s political system is fragmenting. The ruling social democrats govern without a parliamen-tary majority and the opposition remains divided, more by personalities than policy...Governing Sweden is much more difficult than it used to be. Idem. A disorderly world economy will most probably lead to turmoil. Right wing parties are getting popular as European countries face economic troubles. The Republikaner in Germany, National Front in France, Italian Social Movement in Italy. Even Sweden has got its right wing party recently. “Denmark has the ludicrous left-right alliance. Its ultra right party made an alliance with the ultra left. This leap from left to right is happening with the Republikaner party in Germany as well. One third of the party’s current voters voted for the liberals SPD. In last year’s European elections the national Front received 11.7% of the vote, the Italian MSI 5%.” Europe’s Extremes , American Enterprise, Jul./Ago, 1990. p.42/43. All these parties are fuelled by a common anti-immigration sentiment which is linked to issues such as unem¬ployment, high taxes and housing. When they come after the Mexicans and blame them for the school crisis in California: I foresaw that 20 years a go. I am just see the results like a reality show.

To: Snowshoe who wrote (53988)	8/23/2009 5:01:51 PM
From: elmatador	Respond to of 218106

The so-called answers to the global concurrence are nothing less than the industrialized countries running for cover. Author Peter Drucker in his book (Drucker, P., Managing in Turbulent Times, New York, Harper & Row, 1980) put it very clear: “The developed countries can only hope to maintain their standard of living, their standard of education, their leadership position, if they put to work productively the only resource in which they have a distinct advantage: their ability to keep young people in school for long years and to qualify them for knowledge work...For the standard of living of the developed world can also be maintained only if it succeeds in mobilizing the labor resources of the developing world...” <<Hey, I knew then that decoupling was a only a matter of time. MDC is more Developed country. LDC is Less Developed Country)>> When MDCs talk about being competitive, it means they can compete if LDCs supply the labor. Mercedes-Benz, Volvo, and Saab Scania conduct R&D at home but their competitiveness is due to the Brazilians and Argentinians. “Companies facing tougher competition are under pressure to reduce prices and run their manufacturing operations as tightly , efficiently and cheaply as possible. ‘The cost squeeze from the automobile industry is hitting suppliers quite hard’, says Mr. Jörg-Martin Friederich a director of Kolbenschmidt. Kolbenschimidt, a quoted subsidiary of Metallgesellschaft, is now shipping 35% of its Brazilian operations to Europe, the rest of it going to South and North A merican manufacturers.” Tough Times Ahead, Financial Times, Mar. 27, 1991. Construction giants Bechtel or Fluor may manage the big project but they wouldn’t be able to be competitive without the Philippino or Korean. <<What I was trying to say was that there were a whole lot of arms and legs labouring out there. And it would be a only a matter of time for them to get capital and well, do a China. As in fact it did. While I was reading all the material to substantiate my ideas, I was having a lot of unprotected sex with Rita Kalu my Nigerian girlfriend too.>>

To: Snowshoe who wrote (53988)	8/23/2009 5:05:54 PM
From: elmatador	Respond to of 218106

The rapid advance of technical competence and competitiveness of Less developed countries, mainly the almost-developed ones, is scaring the industrialized countries. “...there is a growing fear of the progress being made by New Industrialized Countries (NIC) in closing competitive gap and challenging Japanese enterprises in world markets in both traditional and technologically advanced manufactures. Yochelson, John, (ed.), Keeping the Pace, U.S. Policies and the Global Economy, Center for Strategic Studies, Ballinger Publishing Co., Cambridge, 1988. According to the U.S. Commerce Dept., in 1985 the major East Asian countries supplied 23% of its electric components and electric equipment and 23% of its office and data processing equipment...” Yochelson, John, (ed.), Keeping the Pace, U.S. Policies and the Global Economy, Center for Strategic Studies, Ballinger Publishing Co., Cambridge, 1988. The U.S. takes some 80% of India’s software ex¬ports, totalling an estimated $86 million last year. Honeywell, Wang Laboratories, Microsoft, Hewlett-Packard, Sun Microsystems, Parallel Computers, AT&T, and Digital Equipment have software in India. DEC, Control Data, and Hewlett-Packard also are starting to make compute hardware there, mostly for local sale. DEC put up 40% of the equity for a 29 million state-of-the-art facility in Bangalore that begun producing 32-bit DEC MicroVAX computers in late February. BusinessWeek International, Mar. 27, 1989. The tectonic shift moving toward Asian wold no longer be making tennis shoes and texti8les, they wold take any high tech industry and would hollow up the OECD. That was 20 years ago. Today this already is already history.

To: Snowshoe who wrote (53988)	8/23/2009 5:13:40 PM
From: elmatador	1 Recommendation Read Replies (1) \| Respond to of 218106

Moreover, “the development of new man-made materials will increasingly compete with, and substi¬tute for, traditional materials generated from natural resources...U.S. policymakers should be asking whether the relative economic importance of key natural resources will diminish, leaving some countries, such as resource dependent LDCs, much more worse off than the U.S. better off.” Yochelson, John, (ed.), Keeping the Pace, U.S. Policies and the Global Economy, Center for Strategic Studies, Ballinger Publishing Co., Cambridge, 1988. <<This throw a spanner on my way of thinking. But I discovered that Yochelson was reasoning based on an OECD world. he failed to realize that if the rest of the world would be thrown in the global economy (this was written before globalziation and USSR collapse) traditional materials and natural resources would matter like never in the past. My idea was vindicated as today commodities skyrocket.>> And “Experts predict that Canada, with its wealth of natural resources, would likely remain an island of privilege and comfort in the next century.” MacLeans, Sept. 11, 1989. These are examples of countries still approaching the world economy in 19th-century terms. <<I sided with the Canadians not with Yochelson. and went on to say: The Russians lost a golden opportunity of developing their natural resources in the first part of the 20th century.