AMERICAN JOBS, DOLLAR O' My!

One of our vrey thoughtful readers writes to me

"I am a silent reader (baby boomer student) and observer of your site. I am very much into my own local stock exchange here in Malaysia.However I do correlate yours ( particularly your no bullshit views ) and all the participants views,opinions and MDS as a timing 'tool' to trade/invest locally. I do appreciate if you can put me on your MDS mailing list.Say what you want the US market still drives and all talk about decoupling are just that - temporary- that is 'cos we are all linked via the reserve currency USD. there is just too much vested interest and nobody yet are will to bite the bullet and move to another system, just talk but maybe .....By the way if you think that the Asian ( esp Chinese ) are taking jobs from the West , think again and research , USA in her infancy was a real low cost production house that produced and sold all her cheap , cheap low cost products to Europe in the 17th & 18th Century which cause the depression and great financial crisis and human dislocation there in Europe then. You see, what goes around, comes around . We all need to be fair , alert, compassionate and of course aware of cyclic comparative competitive advantage globally. And of course corruption and power craze cabal are wrecking everybody - no discrimination here . Ok i talk too much."


Ok, HUH! Nice going Dear Dear Malaysian friend Thank you for your email and kind words. ( I get emails from over 50 countries and 5 continents).
You know Dear Readers, that I do not come out against the globalization, I come against slavery and there is a huge difference. Globalization, good thing, means for all of us to get on this mother earth and be tolerant and prosper as equils. Unformtunately, businesses see/saw globalization as a method to enrich themselves at the expense of ordinary, now enslaved, citizens all over the world and Governments and intermediaries ( Welfare State of Wall Street, with the FED at the top ) have obliged. This kind of Globalization did not help anybody, while marginally making none American workers better off. The lions share of the fruites of it went SOPITALISTS, so they must have known what to do when they went to CHINA to see MAOISTS at NIXON time(197x). I would have cared less if USA had to eventually "print" all the money( which was done via trickle down method) and dsitribute it equilly to all citizens. Instead what happened was that they raided the unsuspected pensioners and ordinary peoples savings and CONFISCATED their savings while enriching themselves. This is how SOPTIALISM works and there are no bigger SOPTILISTS than the ones in my own country of USA, where the DEMOCRATS "new deal" from 1930's served as the catapult to grand theft of pension money ( done all along) culminated in early 2000's presided by Dear Bush Junior and REPUBLICAN controlled congress. One wanders? could the 1929 collapse have been engineered to create this stash of TRILLIONS for SOPITALISTS to steal over the next 80 years. Hallelujah? Nothing suprises me anymore.