The Forum > General Discussion > Dole bludgers take a bow!
Dole bludgers take a bow!
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automation and earth moving machinery.
Manufacturing went overseas also, but the good news is that it is
starting to trickle back. This is the crux of what I have been trying
to jam into everyones' head; globalisation is ending and everything
will become local.
Globalisation is ending, for two reasons, higher wages in Asia with
higher energy costs everywhere. The poor state of the world economy is
a direct result of a five times increase in energy costs in 10 years.
If you have noticed the economists are arguing about whether to pump
money into the economy or to cut expenditure dramatically.
They are having that argument because only a handful of economists
understand that growth and production of everything depends on energy not money !