Sonny To on 26 Oct 2007 22:36:03 -0000 |
On 10/26/07, zuzu <sean.zuzu@gmail.com> wrote: > On 10/26/07, Matthew Rosewarne <mrosewarne@inoutbox.com> wrote: > > I am well-aware of what is often said about the economics of globalisation. I > > don't agree with all of it, however. "Top heavy" economies (high commerce & > > invention, low manufacturing) have a strong track record of suddenly falling > > over. We and the Soviets rose above the tatters of the post-imperial > > European economies in large part because of our overwhelming ability to > > produce material goods, despite the dominance the Europeans previously had > > over us in terms of banking and education. We will encounter a similar fate > > if we don't heed the lessons of history, no matter what Wall Street analysts > > might say. Hopefully, I'll be proven wrong, but unfortunately I don't have > > very high expectations of that happening. > > could you elaborate on this since I'm not familiar with the specifics > of what you're generally appealing to here? when have "top heavy > economies" as you describe "fallen over" and from the consequences of > what human actions precisely? yeah please tell... which country in history with high commerce and invention has fallen cuz it doesnt manufacture widgets? ___________________________________________________________________________ Philadelphia Linux Users Group -- http://www.phillylinux.org Announcements - http://lists.phillylinux.org/mailman/listinfo/plug-announce General Discussion -- http://lists.phillylinux.org/mailman/listinfo/plug
|
|