Friday, September 7, 2012

(shared) Global Economy Faces 'Perfect Storm' With Eurozone Crisis, 'Fiscal Cliff,' Slowdown, Iran Conflict

Global Economy Faces 'Perfect Storm' With Eurozone Crisis, 'Fiscal Cliff,' Slowdown, Iran Conflict 

 

The opening of cheap labor to the world is why everything is crumbling in the western world. When enough jobs are lost to cheap labor it affects your tax base. Without jobs in a country, were is the money going to come from? The rich? I do not think so. If you tax them and they can not find a way out of paying them, they will go else where. The globalization of labor without the globalization of everything is not going to work. A one world government would need to be put in place before globalization has any change of working. In that it is not going to happen where are we headed with only unregulated globalized labor? Monarchies and aristocracies? Do not laugh history has a way of repeating its self.

 

 

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