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Hamburger

I was wondering how long it would take before Americans would be going to Mexico to find work.

By the way, Elaine, have you heard this interview? Where would you disagree with Hudson?

http://kpfa.org/archives/index.php?arch=21767

From Cold War to Class War
Interview with financial economist and historian, Dr. Michael Hudson. Liquidity crisis in the banking system; wiping out of credit; demise of the dollar; stock volatility; hedge funds; sub- prime lending, real estate tax versus labor tax, etc. Dr. Hudson has been appointed Chief Economic Advisor for the Kucinich for President campaign, and is writing a new tax policy for the United States.

Carlos

The real value of the yen is around 80 to the dollar. Better buy your Toyota's while they still cost less than Mercedes and BMW.

Technology is today's great equalizer. China is spending and moving quickly to surpass the U.S. in technological innovation. The key is reengineering the way man uses energy. The U.S. model is designed wastefully, and intentionally so, as it feeds Big Oil. But China cannot afford with its 1.3 billion people to follow this path (neither can the U.S., which is one of the major reasons where it is today).

When China it finds the solution, as it surely must, the world system as we know it will change radically. When you have that many people you cannot afford to ignore the little guy. This is what the elite of America have forgotten (if they ever knew it at all). How can you live comfortably in Greenwich, Connecticut when 90% of the country is up in arms for lack of basic necessities.

Asians are used to this, they know hardship. They live it. But spoiled Americans have very little tolerance for discomfort. That can and will be a major problem in the years to come. As for Americas elite, well, they are neither American nor nationalistic. They worship manna and they will just live away from the trouble they created.

Elaine Meinel Supkis

Thanks, Hamburger, for the Kucinich advisor's link. He sounds really cool. Carlos, they worship the Golden Calf. We have to eat the manna while they live in the manor.


The shouting will be very loud when Americans can't drive their cars No Mo'e.

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In last weeks Economist, there's a semi-decent article on reading sentiment from large masses of anecdotal data (tweets, mainly).

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