tag:blogger.com,1999:blog-38606399.post5230788189169605631..comments2023-09-23T00:38:53.296-07:00Comments on Money and Such: Globalization and Your Check BookUnknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-38606399.post-47439742169739172502007-05-16T11:40:00.000-07:002007-05-16T11:40:00.000-07:00shadox, tried emailing you but haven't heard anyth...shadox, tried emailing you but haven't heard anything.KMChttps://www.blogger.com/profile/01432199342507299155noreply@blogger.comtag:blogger.com,1999:blog-38606399.post-53312839659736184862007-05-11T20:36:00.000-07:002007-05-11T20:36:00.000-07:00It isn't helping me. And remember the housing bum...It isn't helping me. And remember the housing bump in the road is directly related to wage stagnation and wage decline. So if the housing market does explode and Americans start living rough, understand the reason was Globalization.<BR/><BR/>Glad it worked out for you. Enjoy it while you can. Me, I'm going to go out and practice with my shotgun as I await for the violence in the streets to start. Just a few more years I think and things might be just nasty enough to use this baby on a few wealthy folks who I have a grudge against. Nothing like a revolution to get upward mobililty back on track! All thanks to globalization.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-38606399.post-44908849069421000012007-05-11T08:42:00.000-07:002007-05-11T08:42:00.000-07:00As I said, there are some serious problems with gl...As I said, there are some serious problems with globalization, but on balance it is a HUGE net positive.<BR/><BR/>In addition, talking about unfair trade practices, people always see what the other guy is doing wrong. Well, the U.S. is far from being fair on trade. Why, the subsidies paid to U.S. (and European) farmers alone guarentee unfair trade. <BR/><BR/>Another example, Bush is touting Ethanol is an environmental fuel, while simultaneously imposing tariffs on cheaper Brazilian ethanol in order to protect the U.S. farm lobby.<BR/><BR/>Another example, can anyone think of a good reason to prevent foreign ownership of U.S. airlines? Or for preventing airlines for freely competing internationally and fly where they want to? Well, the airlines can. They are very much against free and open international competition. You and I are paying the price for that in higher ticket prices.<BR/><BR/>If anything, the main problem with globalization is that it is not yet complete, and entrenched interests from around the world are doing their best to derail further opening of markets.<BR/><BR/>Can you tell that I am very much pro free trade? :-)<BR/><BR/>KMC, I would like to invite you to write a detailed rebuttal post on this blog to my article. Let me know if you are interested. This should be fun.Shadoxhttps://www.blogger.com/profile/08932074837479954410noreply@blogger.comtag:blogger.com,1999:blog-38606399.post-78313522701166773412007-05-11T07:29:00.000-07:002007-05-11T07:29:00.000-07:00I think it's important to make the distinction tha...I think it's important to make the distinction that <B>fair and balanced</B> free trade is beneficial and positive. What we have now is not fair, balanced, or free trade. We have China and others manipulating their currency, subsidies all around, and mixed labor and environmental standards.<BR/><BR/>I'm glad globalization is helping you. But let's be clear that it is most definitely hurting people in the U.S. and abroad.KMChttps://www.blogger.com/profile/01432199342507299155noreply@blogger.comtag:blogger.com,1999:blog-38606399.post-80197091560389481932007-05-10T09:15:00.000-07:002007-05-10T09:15:00.000-07:00Funnily enough I haven't really heard arguments ag...Funnily enough I haven't really heard arguments against globalisation from the point of view of the impact on well developed countries (like the US and EU), but only on the less developed countries. <BR/><BR/>Of course that could be me being more interested in the left wing press than the right wing press (assuming its a left - right thing).<BR/><BR/>Overall I think globalisation is good too. It just depends how you do it.plonkeehttps://www.blogger.com/profile/12155752230089248178noreply@blogger.com