Globalization

Globalization will have disappeared by the end of my life. The food crisis which is coming and which will meld with the energy crisis which will conjoin with a confidence crisis, will serve to cause the pendulum to swing back to more protected markets.
Globalization was a embarking on unknown territory. It was a large change, and , thus, a cause of anxiety. Thus far, the political leaders who followed the innovators have been dismal people with no vision for their countries as a whole. They were only able to muster the piggish glee of unruly children who are dumped miraculously into a chocolate factory, and who then hire the rest of us at starvation wages to endure the stomach aches that are consequent to their gluttony.
Take George Bush. He is abnormally obtuse and has nothing to offer the vast majority of people he leads. When there is a crisis on Wall Street, it is George to the rescue. However, let some of the lesser breed loose a few millions houses here or there, or not have enough to buy proper and nourishing food for their families, it's the same old dance about the Free Market!  

"I am the very model of a modern free economy, even though I speak and act as if I'd had lobotomy!"
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Consider that financial problems at present stemmed from an unprecedented creation of money by various financial instruments; consider that this would have created an enormous Inflation, BUT....... ...it did not because we had had the forethought to counterbalance this by the destruction of the manufacturing base in the USA. This destruction of the manufacturing base opened the door to imports. Since imported products were cheaper, the cheaper products offset the Inflationary pressure of the insane things Wall Street was doing. Inflation is hitting India and Asia, however, particularly in food and energy. Prices are beginning to go up. Once the imports rise in price to the USA, the lid on inflation will blow off like a 4th of July rocket. Of course, the Fed will have lowered interest rates....no, you figure out the rest of the scenario. 30years from now, the only people talking about Globalization will be the inhabitants of Hell.

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