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On May 15, 8:59*am, "They call me Trinity"
wrote: "dave" wrote in message m... wrote: The late, great Milton Friedmanhttp://www.ideachannel.tv/ in his classic book prophetically revealed how 0baMa0's reckless monetary policies will cause hyperinflation and destroy our nation https://www.newsmaxstore.com/nm_mag/...MO_CODE=7FD4-1 Milton Friedman? *Give me a break. *The man should be in Hell with Chairman Mao. There's a Haitian saying: "He who lays down with dogs gets up with fleas" and a Dutch saying "Mix with the slops and you'll be fed to the hogs" IMO these sum up the end result of globalization nicely (as I perceive it). *First world countries will be dragged down to the level of the third world. correct, you cannot ignore the destruction of wages because you are competing with slave and sweatshop labor, on top of all of the environmental destruction. sooner or later the wage destruction will come home to roost and demand plunges. how the market fundamentalists can still have a feverish grip on the world is beyond me, they have been complete failures, and have driven just about every country into bankruptcy. free trade is dead, its dying as we speak, yet, the g-20 just meet, got down on their hands and knee's, and are still barking and braying about the wonders of the free market, and pledging themselves openly to adhere to the religion, simply amazing. |
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