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This seems relevant to our discussion...we're going to see more resource nationalism if things continue the way they are..
http://www.telegraph.co.uk/money/mai...bcnfood108.xml Last edited by Mars : 05-08-2008 at 04:34 PM. |
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"As this newspaper has reported, the average CEO of a sizeable corporation makes more than $10 million a year, while the minimum wage for workers amounts to about $10,000 a year, and has not been raised in nearly a decade. When I graduated from college in the 1960s, the average CEO made 20 times what the average worker made. Today, that CEO makes 400 times as much." http://www.opinionjournal.com/editor...l?id=110009246 ALSO: Is a CEO worth 364 times the average Joe? http://articles.moneycentral.msn.com...verageJoe.aspx Last edited by Mars : 05-08-2008 at 04:35 PM. |
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Stock markets are more than just "tools to accumulate welath in only a few hands." They evolved out of business' need for capital as well as investors' desire for better returns. They serve a function quite well and, in fact, are far more democratic, not to mention more effective, than the old way of raising money which was simply knowing a king or lord.
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BTW-I paged through the NG China issue at lunch, nice pic's. I didn't read it though. TO your earlier point, wealthy economies can "clean up." Your information on pollution deaths woudl be more meaningful if coupled with deaths from malnutrition and a "hard life." There was very little industrial pollution in the middle ages yet most people never made it to what is now considered middle age.
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"You down wit OPM?" Fumo: "Yeah, you know me!" Last edited by eldondre : 05-08-2008 at 07:07 PM. |
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The planet does react violently...moreover last I checked the earth was full of living organisms and although not a self conscious "living being" it is a force of nature that exerts energy and has it's own inertia. It also requires balance...just ask all the civilizations that have disappeared as a result (i.e. the inhabitants of Easter Island). Moreover, the planet does not have enough resources. If that were so...the U.S would not have peaked in oil production in the 70's (Hubbert's Peak was fact) . We would still be the World's net exporter of oil like in the 50's and 60's. We've imported more oil each year after we peaked. Peak oil is not a contrivance..it is real. That being said , I do agree that their are monopolistic forces (global elites) at work but there are other converging forces that are at play....
http://news.bbc.co.uk/2/hi/asia-pacific/7396400.stm |
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We have plenty of prison labor as well....learn Mandarin b/c not only will they own this country..we'll be working for them...
http://www.latimes.com/news/nationwo...367,full.story |
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Now why would you tell your 1.3 billion population otherwise?
http://www.energy-daily.com/reports/...anner_999.html Last edited by Mars : 05-12-2008 at 12:01 PM. |
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I would beg to differ...'Peak Oil' is a bullshit scam...if production was supposed to have peaked in the 70's, then why are the total reserves now higher than in the 70's, and in fact, whenever they talk about this 'peak' oil reserves are always higher then the last time they tried to scare us?...there are two fields in Alaska that the oil companies have not even touched, NW of the Prudhoe Bay site, both larger than the big Saudi field...there are HUGE deposits in the Gulf of Mexico, Brazil has just discovered a gigantic oil field off it's coast, the list goes on and on...it's called 'the big squeeze'.
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