Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TobagoJack who wrote (130488)	2/16/2017 2:33:03 AM
From: elmatador	Read Replies (2) \| Respond to of 217528

It is a good chronic of how urbanization works at the micro level. Globalization went too far and so did the Indians The pendulum swing in one direction. Went too far, and is swinging back to the opposite direction. The globalization concept was to deal away with the post WWII arrangement where the Europe Japan and the US hogged capital, technology and jobs with a cartel of currencies called the G-7 making sure things were kept in control. (All chronicle in my unpublished book.) Now I am chronicling the de-globalization as the pendulum swings in the opposite direction. This below is an snippet of the Indians trying to be too clever for their own good. The idea behind globalization was for the developing countries enter the world economy, increase their output and increase GDP growth. What have we seen? China hogged manufacturing and became the world factory, India concentrated on IT and Brazil became the mine and the farm of the world while economic blocks made sure trade was managed. The imbalances are akin to a cancer where cells grow out of order. This is up to a correction. The developing countries quickly learned that globalization was not only capital coming into developing countries. They saw a possibility to move to the developed countries. One a foreign degree would give an advantage against the locally educated and upon returning they would get the plum jobs. Two they plan to use the foreign degree to stay on in the countries they would go for education. Therefore they would enroll on a subject that was easier to find a job after graduation than on a subject that would given the person a better chance of a job in the country of origin. Compaies flock to the US to be based there and bring in the cheap manpower. It worked. Until the Americans got fed up and elected Trump I hope I have time to develop the ideas further