What this worldwide recession proves: Globalism is a fatally flawed model in the present economic and ecologic sense. Protectionism may not be the answer, but nor is leaving one’s country ripe for manipulation at the hands of commodities and foreign currency traders, resource shortages and above all too-close-to-the-bone ideas about corporate “efficiency” that make transcontinental supply chains so perilously thin and easy to disrupt. Why we need a cell-based economy. Stat.
Archive for October, 2008
Rethinking Globalism: Why We Need a Cell-Based Economy
Posted in economy, media, politics, tagged accountability, Arabs, assets, bailout, bankruptcy, banks, bear, Bernanke, blame game, bull, Bush Administration, capital, capitalism, cell, cell-based, China, Clinton Administration, commodities, community, comptroller general, contraction, corporate, corporations, credit, David Walker, debt, defaults, deficit, deflation, Depression, deregulation, Dollar, DOW, downturn, economics, economists, ecosystems, efficiency, emergency, entities, Federal Reserve, financial, financial services, fire sale, Fiscal Wake-Up Tour, foreign currency, foreign policy, globalism, greedy, Green, Greenspan, Greifeld, GSE, homeowner, inflation, insolvency, institutions, interest, international, investment, investors, IOUSA, lending, local, Main Street, manufacturing, markets, McMansion, mergers, Mid East, middle class, model, models, mortgages, multinational, NASDAQ, national security, No Bailouts Act, Nordic, organisms, outsourcing, Paulson, Phil Gramm, policy, prepare, president, productivity, protect, rates, recession, redundancy, regional, regulatory, rescue, resource shortages, risk, S&P, savings, scapegoats, socialism, sovereign wealth funds, stagflation, subprime, suffciency, supply chain, supply chains, survivalism, sustainability, Sweden, system, systems, taxes, taxpayers, Titanic, too big to fail, trade, transcontinental, treasury secretary, trillion, underwriters, unemployment, Wall Street, waste, World Federalism on October 7, 2008 | 3 Comments »
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