Siduhe- (interesting name, whatever its origin), I think our opinions differ, but that's ok. It's what makes conversations interesting and worthwhile. I would offer the following comments to yours:
-Some say that one reason for the unrest in some parts of the world, and the embrace of fundamentalist religious views, is because of a lack of economic opportunity. Maybe so, and if so, I hope educational and economic opportunites can be made available to more people. However, that doesn't explain the spread of fundamentalist views in places like the US of A ! Help, I'm surrounded! -Multinational banking is much older than you say. As just one trivial example, I think Citibank was one of the largest banks in South America in, what, the 1960s and 70s? It had offices all over the world before WWII. And far from the only bank to do so. Early in my career, I-banking in NY/London/Europe/Asia long was mostly local and much less multinational than other sectors, but because of protectionist legislation. That opened up when laws changed, it would have happened sooner otherwise. But also this was not in the last 10 years. -International economic interdependence and cross border investment have been around for centuries. The Atlantic slave trade triangle is an example. The "cotton trade" in Liverpool was part of this too at one point, it isn't as if cotton is grown around Merseyside! The American colonists wanted more freedom to trade than was granted under British rule. My point - little is new here, other than more hoopla in the press. -My US comment was not about cross border trade, but rather government intervention in the private sector. Other countries in the developed world have a greater history, and I guess presumably a greater acceptance, of government ownership/intervention/control of private sector enterprises. Not so in the US, and it will be interesting to see how far it goes and how long it is tolerated. My guess is that acceptance will wane after the gloom passes. Again, we seem to have different views, I wanted to be sure you understood mine. I think I understand yours, and since we started on the economic downturn, let's hope all the bad news is out and that the good news is right around the corner. -- Goodsounds ------------------------------------------------------------------------ Goodsounds's Profile: http://forums.slimdevices.com/member.php?userid=14201 View this thread: http://forums.slimdevices.com/showthread.php?t=57742 _______________________________________________ discuss mailing list [email protected] http://lists.slimdevices.com/lists/listinfo/discuss
