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Re: [casi] Correction

>>> this planet would be for the US economy to collapse
>>> totally - pulling down the economies all the
>> You may be correct -- and then we should all support
>> Bush for re-election since is doing more to bring that
>> about than anyone in my memory. ;]
>Besides, this is outside his control, aside from
>domestic measures. Much of the US economy rests on the

The domestic policy is important, As Bush pushes the US further into
deficit with military spending, and takes money from the poor to give to
the rich, consumption will be hitting a wall, and the US is a big market.
Production also falls, and unemployment rises.

There is also the problem of trade policies and tarriffs. The US is such
a significant part of the world economy, and it's foreign policies so
influencial -- as with the IMF, for example -- that it can do a lot of
damage world-wide.

>dollar's role as a reserve currency. And since it
>has massive debts and a high trade deficit, it's
>the world that could bring about a change for the
>If most of the world switched to the Euro as the
>oil and reserve currency standard it would affect
>the US economy.

So would withdrawing foreign investments from the US.

>Many countries are diversifying their currency
>reserves away from the dollar.
>This wouldn't ruin the US, but it would curb its
>ability to ruin and destroy other countries.

Actually, the most effective thing other nations could do to effect the
US is on the production side: a huge proportion of products the US uses
is from other nations. If strikes were held there would be shortages,
prices in the US would rise, and some critical materials or components
could cripple even domestic production.

The US has an arrogance far outstripping it's dependence on the rest of
the world. This seems to be akin to the attitude of the rich
industrialists who think they should be paid outragous salaries and
benefits because they "provide jobs for thousands of workers" and
"generate great wealth" -- never realizing that it is actually the
workers who are generating the wealth and making it possible for the CEOs
to skim off so much cream.

They continually confuse money with wealth, and invent systems where the
rich can get money by destroying wealth. At some point the fallacy of
this kicks in however. One example is the last stock market bubble
bursting. Another is Iraq: not only was much in Iraq destroyed, but all
the resources which went into making the weapons -- which might have been
used for products people could use -- were blown up with the bombs. The
TV showed a picture of a truck being hit with a smart missile -- an old
$20,000 truck and a million dollar bomb both up in smoke (as well as a
few people): for what? To what gain?

There are still people here who chant "war is good for the economy". It's
absurd. In reality there is only a question of actual wealth, and time.
The whole of finance is based on trying to manipulate time: the time it
saves to use money instead of barter, the faith in future increased
production vs investment of wealth in the present when loans are made --
borrowing from the future, depending on a better future to pay the debts
incurred in the present.

>But what I originally meant is that the greedy
>West will have to cut back its expectations: Stop
>killing and exploiting other people, and our
>planet for filthy lucre. Live and let live -
>or bust.

Yes. With the systems in place now an illusion is woven where those in
power forget that taking short term profit at the expense of long term
growth can not continue indefinitely, and those profits have become a
substitute for valid social esteem, human relationships, ego security,
and such -- the true wealth of humanity. Now they talk about liberating
the Iraqis by killing and maiming them. It's like feasting on the seed
corn. It's mortgaging the future of humanity for a wild, indulgent orgy
of power-lust, to be paid for by the people of other nations.

The world is still paying the fearsome price of the past orgies of
colonialism. Disease, starvation, civil unrest, dwindling resources,
global warming, human misery; the disaster of 9/11 was just one breaking
wave in a very troubled ocean. The disasterous consequences of the
sanctions and war on Iraq will be with us for years to come. Virtually
all of the analysis is in terms of what   was rather than what might have
been. It's impossible to know what was lost by the death of so many, by
the destruction of Iraq, by the thwarting of the development that was
occuring there before the US and UK interfered, destroyed, and killed.

The current US policies of repression and greed in Iraq not only bring
misery to the people, but preclude the genius of the nation from
fufilling the destinies which would benefit the entire world. How many
geniuses or prophets -- those who advance mankind in wonderful ways --
will have died as children or will have been abused beyond hope, and
never reach their potential, to the great loss of all people? All so
Bechtel can get a bit more cash! Consider what ancient Athens, for all
its faults, did for mankind with a population of only some 20,000. What
have we lost in Iraq??

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