CHEAP CAPITAL + CHEAP LABOR...THE NEW PARADIGM..?

IF CHEAP LABOR AND CHEAP CAPITAL ARE THE NEW PARADIGM GLOBALLY...

WHERE DOES THAT LEAVE THE MIDDLE CLASS IN THE US...AND GLOBALLY...?

BECAUSE ITS NOT "AS IF" HIGH LEVEL SKILLS AND KNOWLEDGE WILL SAVE YOU...!   

THEY WON'T...NOT ANYMORE...

COMPUTER PROGRAMING IS BEING DONE 'OVER NIGHT' IN INDIA NOW...VERY CHEAPLY...AND WITHOUT THE NEED TO PAY FOR "HEALTH INSURANCE"...!

AND COMPLEX MEDICAL OPERATIONS ARE BEING DONE IN THAILAND AND PARTS OF ASIA FOR A FRACTION OF THE COST OF SIMILAR PROCEDURES IN THE US...

HOW TO HANDLE THAT...?

THERE IS A NOBEL PRIZE IN ECONOMICS WAITING FOR THE ECONOMIST...OR OTHER EXPERT...WHO SQUARES THAT CIRCLE...!

HERE'S THE PROBLEM... BUT ITS A SECRET...SO PROMISE NOT TO TELL ANYONE...OK...

ALL ECONOMIES ARE LOCAL... 

SO ITS JUST A MATTER OF HOW YOUR LOCAL ECONOMY IS DOING VIS A VIS OTHER LOCAL ECONOMIES THAT MATTERS...!  THAT IS WHAT DETERMINES IF YOU ARE ...."MAKING IT"...OR NOT

THE GLOBAL ECONOMY ONLY EXISTS FOR GLOBAL ENTITIES...!  LIKE MULTINATONAL CORPORATIONS... 

NO...YOU CANT BE A GLOBAL ENTITY PERSONALLY...YOU CAN TRY...AND MOVE AROUND THE GLOBE LOOKING FOR WORK...BUT THAT IS NOT FEASIBLE FOR MOST PEOPLE...

EVERY TIME YOU HEAR AN ECONOMIC EXPERT TALKING...JUST ASK...DOES THIS GUY KNOW THAT ALL ECONOMIES ARE LOCAL...

AND HOW WOULD THAT CHANGE HIS PREMISE...OR DOES MAKE ALL HIS NOTIONS INTO TOTAL BULLSHIT...

THERE IS A LOT OF BULLSHIT OUT THERE NOW...

AND WORSE...THERE ARE A  LOT OF THINGS THAT ..."WE JUST CAN'T TALK ABOUT"...FOR SOME REASON...

LAST TUESDAY...AMERICANS GAGGED ON THE BULLSHIT THEY WHERE BEING FORCE FED...

BY FOX IN PARTICULAR...

AND WASHINGTON AND NYC IN GENERAL...