World stability hangs by a thread as economies continue to unravel

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World stability hangs by a thread as economies continue... - 11/30/2008 5:45:38 PM

celticlord2112

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World stability hangs by a thread as economies continue to unravel

Is the notion of international cooperation and commerce (best typified by the many multilateral "free trade" agreements around the world) as ephemeral and even as illusory as the above article seems to suggest?

For all those fearing the rise of "globalism"--how much "globalism" can there be if the nations of the world retreat within their respective borders in response to a global economic crisis?

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RE: World stability hangs by a thread as economies cont... - 11/30/2008 5:57:58 PM

pahunkboy

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you know when they granted us that $300 stimulus check how long it took to actually get the check?

the key term in the article is "brittish empire" while the US thinks it left- the blair was bushes poodle- ..that isnt the case. the shots are called by a ruling class that you wont see in public.

I hope we dont get 1923 Germany inflation.

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RE: World stability hangs by a thread as economies cont... - 11/30/2008 7:38:49 PM

awmslave

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The crisis has always beneficial side: it tests the current "globalist" model. The "remote labor" system US has set up has its obvious difficulties. I heared today in radio an expert or politician (I did not catch his name) explaining that manufacuring has no future in US: US just needs to provide India and China with technology, knowledge and management. My question was: what happens if one day they have advanced and there is no need for outside knowledge or management? Globalism today has moved in totally wrong direction: expanding the idea of ever growing unlimited consumption. It should rather be directed towards optimal manageable use of resources and conservation.

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RE: World stability hangs by a thread as economies cont... - 11/30/2008 8:03:00 PM

celticlord2112

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quote:

I heared today in radio an expert or politician (I did not catch his name) explaining that manufacuring has no future in US: US just needs to provide India and China with technology, knowledge and management.

I've heard this argument many times.

The implicit assumption is that citizens of India and China will accept a comparably lower standing of living permanently in return for all those manufacturing jobs--an assumption the rise in public unrest in China challenges directly.

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RE: World stability hangs by a thread as economies cont... - 11/30/2008 8:29:24 PM

masterBruce

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we need a one world gov

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RE: World stability hangs by a thread as economies cont... - 11/30/2008 8:48:45 PM

popeye1250

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Well, it's certainly not good for "The People."
It's like if I sit down to talk about water rights with someone and their glass is almost empty and mine is almost full, guess which direction (my) glass will be headed in?
"Globalism" and those rediculous "free trade" deals were never intended to help "The People" just "the people" in big business!
Working class people should be up to $30-$40 an hour by now.
But it seems that there's all kinds of shit jobs out there instead paying only $10-$15 per hour and no benefits.
This is what happens when you have big business, lawyers, lobbyists and all other kinds of other pondscum influencing our government!
And where are all those "millions of high-paying manufacturing jobs" that Clinton promised us if "NAFTA" were passed?
Anyone seen any of them?
"Globalism" and "free trade" is all a lie and an illusion played on the American People by big business.

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RE: World stability hangs by a thread as economies cont... - 11/30/2008 9:13:24 PM

MzMia

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quote:

ORIGINAL: popeye1250

Well, it's certainly not good for "The People."
It's like if I sit down to talk about water rights with someone and their glass is almost empty and mine is almost full, guess which direction (my) glass will be headed in?
"Globalism" and those rediculous "free trade" deals were never intended to help "The People" just "the people" in big business!
Working class people should be up to $30-$40 an hour by now.
But it seems that there's all kinds of shit jobs out there instead paying only $10-$15 per hour and no benefits.
This is what happens when you have big business, lawyers, lobbyists and all other kinds of other pondscum influencing our government!
And where are all those "millions of high-paying manufacturing jobs" that Clinton promised us if "NAFTA" were passed?
Anyone seen any of them?
"Globalism" and "free trade" is all a lie and an illusion played on the American People by big business.

Great post popeye.
I think many of us agree that "free trade" and this global economy is what is bringing
us to our proverbial knee's these days.
All this "free trade" and the "global economy" is sinking the USA faster than the Titanic.

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RE: World stability hangs by a thread as economies cont... - 11/30/2008 9:26:12 PM

celticlord2112

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quote:

All this "free trade" and the "global economy" is sinking the USA faster than the Titanic.

Perversely enough, the US does not appear to be "sinking" nearly as fast as other countries.

If what has been reported in the British media is more or less accurate, European banks have been even more leveraged than US banks, and the various European central banks might not be large enough, on a per-nation basis, to deal with the wreckage, while the ECB has no power to deal with the banking crisis.

Given that the US bailout of AIG seems to have been spurred in large part at France's request to avert a European financial implosion, as bad as things may be here, the US still seems to be strong enough to lend a hand to others. That's not good news, by any means, but it does give hope this country is yet strong enough to withstand this latest economic downturn.

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RE: World stability hangs by a thread as economies cont... - 12/1/2008 5:21:10 AM

pahunkboy

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we invaded iraq, 2003. the 30 year bank contract must have started in 1973, time of gas shortage. ya know, if you take someones money they tend to get mad.

"we" lent the arab money to latin america... knowing they would squander it. meanwhile dummy holding companies were set up, 1 to have gains, one losses. of course the money for the arabs went under the loss.

iran would not give us their money. so we killed the shaw and took their money.   it isnt far fetched when you realise iran assets are still "froze" in a new york bank.

black monday in 87 happened when one such group was to sell everyinng. , sound familliar?

if just 5% of the countries agree on the banker demands, under fractional reserve, it is possible to take down the entire globe.   that is per fractional banking 20 to 1.

13 families own the 13 fed reserve branches.

argentina was offerred total "forgiveness" of its debt. if all natural resources would be owned by the cabal perpetually.    a debit card with no cash. when they would not agree to this- the plug was pulled to punish them.

so- for anyone who is willing to give up their money, your love the plans for you. to anyone else, best of luck.

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RE: World stability hangs by a thread as economies cont... - 12/1/2008 6:17:59 PM

MzMia

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quote:

ORIGINAL: celticlord2112

quote:

All this "free trade" and the "global economy" is sinking the USA faster than the Titanic.

Perversely enough, the US does not appear to be "sinking" nearly as fast as other countries.

If what has been reported in the British media is more or less accurate, European banks have been even more leveraged than US banks, and the various European central banks might not be large enough, on a per-nation basis, to deal with the wreckage, while the ECB has no power to deal with the banking crisis.

Given that the US bailout of AIG seems to have been spurred in large part at France's request to avert a European financial implosion, as bad as things may be here, the US still seems to be strong enough to lend a hand to others. That's not good news, by any means, but it does give hope this country is yet strong enough to withstand this latest economic downturn.

Interesting post CL, so there are plenty of other countries who will go tumbling
faster than the U.S.
I did not realize the US was in a position to lend that many helping hands to other countries
these days.
The US might have to bail out the whole world, soon.

< Message edited by MzMia -- 12/1/2008 6:19:13 PM >

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RE: World stability hangs by a thread as economies cont... - 12/1/2008 6:31:41 PM

rexrgisformidoni

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quote:

ORIGINAL: masterBruce

we need a one world gov

um...why.

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