ALL ECONOMIES ARE LOCAL...
THAT IS WHAT GLOBALISM HAS TAUGHT US...
THERE HAVE BEEN TWO GREAT EXPERIMENTS IN GLOBALISM
BOTH HAVE FAILED MISERABLY...
THE FIRST WAS FREE TRADE WITH ASIA... THAT DESTROYED THE US ECONOMY...THE TRADE DEFICITS ...NEVER TALKED ABOUT...ARE A DISASTER...
THE SECOND...NEVER MENTIONED...WAS THE EURO... THE EURO EXPERIMENT ASSUMED THAT EUROPE WAS A UNIT AND ALL THEIR ECONOMIES WERE THE SAME...
IN OTHER WORDS THAT ECONOMIES ARE NOT...LOCAL...
GREECE AND ITALY AND SPAIN HAVE DEMONSTRATED...YET AGAIN...THAT ALL ECONOMIES...ARE LOCAL...
GLOBAL ECONOMICS IS A GOOD TOPIC FOR ACADEMIC DISCUSSION...BUT IT IS REALLY NOT CAPABLE OF IMPLEMENTATION...AS THE EURO SHOWS...AND AS THE AMERICAN EXPERIMENT IN FREE TRADE SHOWS...
ONCE WE START TALKING ABOUT LOCAL ECONOMIES...AND NOT GLOBAL ECONOMIES...THE SOLUTIONS WILL BECOME MORE OBVIOUS...
THE ECONOMIC HERESY OF FREE TRADE AND GLOBALISM IS ENDING...VERY BADLY!
