ONE REASON NOT TO HAVE A GLOBAL ECONOMY IS DEMONSTRATED BY THE SITUATION IN JAPAN...
A DISASTER IN ONE PLACE CAN HAVE KNOCK ON EFFECTS GLOBALLY...
MANY MAJOR WORLD DEPRESSIONS HAVE BEEN CAUSE BY THE FAILURE OF A SMALL BANK IN THE HINTERLAND...
PERIODS OF GLOBALISM USUALLY ENDED IN WAR...HISTORICALLY... WAR OF COURSE BEING THE ULTIMATE TARIFF...WAR NECESSITATES A "LOCAL ECONOMY" AS INTERNATIONAL TRADE IS DRASTICALLY REDUCED...
IT IS VERY POSSIBLE THAT THE QUAKE/TSUNAMI IN JAPAN COULD BRING DOWN THE GLOBAL ECONOMY... GLOBALISM IS LIKE AN ARCH IN ARCHITECTURE...EVERY BLOCK IS HOLDING UP THE BLOCK ABOVE AND BELOW IT...NOT JUST THE KEYSTONE...
REMOVE ANY BLOCK IN AN ARCH...AND YOU HAVE A MELTDOWN EFFECT ON THE ENTIRE THING...
