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island911 island911 is offline
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Join Date: Mar 2001
Location: an island, upper left coast, USA
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hmmm. . .interesting replies . .
I think Noam Chomomski is right; the free-market economics model of media leads inevitably to narrow, normalized set of ideas. . . .If someone throws-out an idea outside that narrow norm, people can't handle it. ( my interpretaion . . I may have missed his point there, entirely)

Anyway;
"What makes those countries love to invest in America..well it's been the relative stability of the US economy, currency and political process"
That I can see. (thinking effect of 1994 republican congress)
"but as economic pressure build with increasing debt load that creats instability"
That I can see, but to a much lesser degree than the polyanna (we are all doomed) senario.

In the long run, debt dissapears. . . one way or another. That is what affects investment. Gorish "Lock-boxes" and "debt to our children" are attempts to appeal to that narrow view that individules have. Yet world $'s are not like personal savings accounts.

For the long run; What is important is a highly educated populace with opportunity to get their ideas rolling. (read: right culture, cheap energy and minimal obstacles -bureaucratic, or otherwise.)

Note: Either Noam was right, or "posted by tabs" should get you angry like the devil.


Last edited by island911; 05-15-2004 at 12:19 PM..
Old 05-15-2004, 12:08 PM
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