Quote:
Originally posted by tabs
The US Empire is the New World Order. It is called the Global Economy or Tom Friedman calls it the "Flat World" Hpwever U want ot describe it, the life blood of the New World Order or what makes it all possible is the concept of Liquidity and Cash Flow.
|
So who controls the global economy? Is it the US empire? I don`t think so. The whole idea is that the power is shifting from the US empire to global corporations that have no ties to a specific nation, who make profits from using cheap labor where it can be found. Hence the fall of the US empire, because the US standard of living is a draw to the global economy that cannot be sustained anymore. When union workers make $100k/year of money borrowed from the chinese, and borrow 80% of the paper value of their houses, while exporting nothing, things are not sustainable. The present cash flow has been: USA borrows and consumes, China lends and produces. How sustainable is that?
Aurel