cristian

Can a Global Economy Be Managed One Nation at a Time?

Don't be too hard on the fellow, imagine what Al Gore would write on the subject !


On Nov 17 08:15 AM Mafeking wrote:

> What a dumb article. So this is the level of naive thinking that
> a Wharton MBA gets you! We have a problem so let's regulate. Come
> on Fred, there is a living breathing example of the incompetence
> of 'global' organizations just down the road from you called the
> UN.
>
> Following on from the Libyan representative being the head of the
> Human Rights Commission at the UN perhaps the finance minister from
> Zimbabwe can be in charge of the global financial situation.

Can a Global Economy Be Managed One Nation at a Time?

You folks actually scare me. So, lets go back to the same old fiasco, only lets make it a more regulated fiasco. Because poorly thought up globalization is what got into this mess. And you want more of it ? And to be sure we nail the coffin good, lets throw in some global regulation.

Unless you are an ostrich living with your head in the sand, or a theoretician in some ivory tower, it is pretty clear by now that an inequitable, mismanaged globalization is the culprit that bestowed the the 2008 crash upon us. How do you figure that a service economy can provide the kind of consumption that the US economy relies upon ?
The crisis at hand, is the consequence of the decades long deterioration of the US consumer's purchasing power.