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Saturday, August 11, 2012
JIM ROGERS SEES ECONOMIC DOOMSDAY LATER THIS YEAR...!
IF DOOMSDAY COMES AMID THE GLOBAL GROWTH AND PRODUCTIVITY...
COULD IT BE THAT THE ELITES HAVE TAKEN TOO MUCH TO SUSTAIN THE REST OF THE SYSTEM...?
HAVE THEY OVER PRODUCED AND UNDER CONSUMED...ON A GLOBAL SCALE...UNDER "RIGGED" FREE TRADE...WHICH DESTROYS DOMESTIC ECONOMIES THAT SEEK A "BALANCED DISTRIBUTION OF INCOME"...?
HAS THE CONCENTRATION OF WEALTH REACHED TOXIC LEVELS...POISONING THE ENTIRE SYSTEM...?
IS GLOBALISM AND FREE TRADE AN ECONOMIC BLASPHEMY...BECAUSE ALL ECONOMIES ARE REALLY LOCAL...?
BECAUSE... SURELY THE POOR AND WORKING CLASSES OF THE WORLD ....ARE NOT WINNING IN THE CURRENT ECONOMY....?
SHOULD WE BLAME THE RICH FOR THEIR LOOTING AND THEIR PERVERSION OF THE TRUTH ABOUT NATIONAL DOMESTIC ECONOMIES...?
OR PUT ANOTHER WAY...IS THE RACE TO THE BOTTOM REALLY SUSTAINABLE...?