me: >> does the US power elite (which is heavily influenced by Wall Street >> and the banks) really care at all about what happens to the US >> economy? after all, they don't have to live here.
Doug: > They do. I doubt many are about to relocate to Shanghai. And they still do > about half their business here.< they can diversify their operations (and their trips) away from the US. On top of that, and likely more importantly, they can and do live in enclaves that are very separated from the US that most of us live in and not dependent on the health of the US economy. In fact, as the US economy goes down the tubes, it increases the supply of servants to them. -- Jim Devine / "The conventional view serves to protect us from the painful job of thinking." - John Kenneth Galbraith _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
