Ed,
A trade war means that sellers are competing to provide us with better products at lower prices. Sounds pretty good to me. Harry ******************************** Henry George School of Los Angeles Box 655 Tujunga CA 9104 818 352-4141 ******************************** From: [email protected] [mailto:[email protected]] On Behalf Of Ed Weick Sent: Saturday, October 16, 2010 5:54 AM To: [email protected]; [email protected] Subject: Re: [Ottawadissenters] 23 Things They Don't Tell You About Capitalism Apropos John Gray's review of Ha Joon Chang's book, here's a brief note I sent out privately a few days ago: I don't know where the current situation is going, but what may be happening is that the major powers, all of which are essentially capitalist (including China) no longer fight on the battlefield, thank God, but they fight for advantage in many other ways, trade and financial wars being pre-eminent among them. It is this need to build themselves up at the expense of others that we are witnessing in the current clash of currencies. I don't see the adoption of a standard international currency for some time to come. Meanwhile people buy gold as a place to hide, but as I remember from personal experience in the 1980s, gold can go down as well as up. I see John Gray as one of our foremost present day thinkers. While he may be best known for "Straw Dogs", other books by him are well worth reading - e.g. "False Dawn" and "Black Mass". Ed ----- Original Message ----- From: deleted To: [email protected] Sent: Saturday, October 16, 2010 12:04 AM Subject: [Ottawadissenters] 23 Things They Don't Tell You About Capitalism Book review by John Gray (Straw Dogs) '' In the US, Obama's economic policies are being shaped by the same people - many of them with close links to Wall Street - who dismantled Roosevelt's curbs on the banking system during the Clinton era. American politics has been captured by a financial oligarchy, and there is no prospect of meaningful reform.'' http://www.guardian.co.uk/books/2010/aug/29/ha-joon-chang-23-things __._,_.___ Reply to <mailto:[email protected]?subject=re:%20[Ottawadissenters]%2023%20Things%20T hey%20Don't%20Tell%20You%20About%20Capitalism> sender | Reply to <mailto:[email protected]?subject=re:%20[Ottawadissenters]%20 23%20Things%20They%20Don't%20Tell%20You%20About%20Capitalism> group | Reply <http://groups.yahoo.com/group/Ottawadissenters/post;_ylc=X3oDMTJybTVtN2EwBF 9TAzk3MzU5NzE0BGdycElkAzE1MjA5MDU5BGdycHNwSWQDMTcwNTA4MzUxMgRtc2dJZAMxMzUyOA RzZWMDZnRyBHNsawNycGx5BHN0aW1lAzEyODcyMzM2Mjg-?act=reply&messageNum=13528> via web post | <http://groups.yahoo.com/group/Ottawadissenters/post;_ylc=X3oDMTJmdW5pZ2V0BF 9TAzk3MzU5NzE0BGdycElkAzE1MjA5MDU5BGdycHNwSWQDMTcwNTA4MzUxMgRzZWMDZnRyBHNsaw NudHBjBHN0aW1lAzEyODcyMzM2Mjg-> Start a New Topic Messages in this topic <http://groups.yahoo.com/group/Ottawadissenters/message/13526;_ylc=X3oDMTM3Y 3JjcnFnBF9TAzk3MzU5NzE0BGdycElkAzE1MjA5MDU5BGdycHNwSWQDMTcwNTA4MzUxMgRtc2dJZ AMxMzUyOARzZWMDZnRyBHNsawN2dHBjBHN0aW1lAzEyODcyMzM2MjgEdHBjSWQDMTM1MjY-> (3) Recent Activity: <http://groups.yahoo.com/group/Ottawadissenters;_ylc=X3oDMTJmZWhscDNkBF9TAzk 3MzU5NzE0BGdycElkAzE1MjA5MDU5BGdycHNwSWQDMTcwNTA4MzUxMgRzZWMDdnRsBHNsawN2Z2h wBHN0aW1lAzEyODcyMzM2Mjc-> Visit Your Group <http://groups.yahoo.com/;_ylc=X3oDMTJlcmRhMjduBF9TAzk3NDc2NTkwBGdycElkAzE1M jA5MDU5BGdycHNwSWQDMTcwNTA4MzUxMgRzZWMDZnRyBHNsawNnZnAEc3RpbWUDMTI4NzIzMzYyO A--> Yahoo! Groups Switch to: <mailto:[email protected]?subject=change%20delive ry%20Format:%20Traditional> Text-Only, <mailto:[email protected]?subject=email%20delivery:%20 Digest> Daily Digest . <mailto:[email protected]?subject=unsubscribe> Unsubscribe . <http://docs.yahoo.com/info/terms/> Terms of Use . <http://geo.yahoo.com/serv?s=97359714/grpId=15209059/grpspId=1705083512/msgI d=13528/stime=1287233628/nc1=1/nc2=2/nc3=3> __,_._,___
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