On Sun, May 15, 2011 at 12:59 PM, Robert Munn <[email protected]> wrote:
> >> Collapse, protest, elections - who knows exactly how it will happen? But > one thing is clear, once the middle class figures out what is being done to > them in the name of globalization, they are going to demand changes to > preserve something of their way of life. > Several years ago, I posted about the theory of how globalization should work. Overseas investment reduces the cost of goods at home, raises standards of living abroad, and creates a virtuous circle of increasing wealth across the globe as money flows back into rich economies and back out again to developing ones. The theory is great, but it isn't happening. Without the virtuous circle, globalization is nothing but a drawn out death spiral for our economy. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:337846 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
