Tuesday, November 25, 2008

Are deregulation and Globalization to blame?

I think if I ask enough good questions you might find the answers yourselves.

The full question is: Are financial deregulation and financial Globalization two of the reasons for the world financial meltdown? The answer is: Yes. However, there are many more reasons than this like the subprime loans, and banking credit default swaps etc.

Then another reason is everyone on earth that hates capitalism and the free world. and the biggest cause of all, people who believe in capitalism with all the fervency of Buddhism, Christianity, Judaism or even Hinduism or Islam.

I think at this point the whole world should be just a little skeptical of free market capitalism interfacing in this way with globalization and multiple currencies. This game only works when the whole world can trust each other. But right now there is at least one ideological war going on. However, I think we are all a little confused at this point exactly who is the enemy. This is always the way in a terrorist war. This is the first terrorist war that I can remember that is being waged worldwide possibly for the next several hundred years.

The next question is mostly conjecture. This is the question: What does the world Capitalist system do against terrorists waging a several hundred year war against them?
One way is to starve them out. Is that what is happening on earth right now?

If the whole world starves who tends to survive? The answer is: those with built in infrastructure and natural resources.

Another question: How do we solve global warming and get people to use less energy generated by burning fossil fuels and other burnables? The answer is what I believe we are living right now.

another question: Will the people of Europe, the United States, Canada, Australia starve? the answer is: I don't think so. So, who are the most likely to starve now?
The answer is: People without infrastructure and natural resources and without money to build infrastructure or buy food. The people most likely to starve on earth would be the 20 or more poorest nations on earth. Afghanistan is one of these nations since it is the 9th or 10th poorest on earth.

I'm not accusing anyone of anything. I'm just asking questions.

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