Calzone
Gear Whore #1
A thought inspired by the headline that an ongoing diversification out of U.S. stocks is happening, and the “outflows” of capitol seems destine to Europe, Japan and developing countries.
So I make the jump that current policies kinda make the U.S. into a rather big developing country. The same dynamic exists of a developing country, where mucho capitol is required to build out required infrastructure, and sadly developing countries also are often saddled with debt, lots of debt.
The money has to come from somewhere to build out manufacturing, and capitol is needed, almost like a developing country that has to evolve and build out a new economy. Same but different.
So I would argue how did the richest country in the world become/emulate a developing country? I would argue that this is not really progress that is meaningful. Competing at the level of a developing country is kinda dumb, and know and understand that we are not really so competitive with countries that are already developed.
A kinda step backward…
Cal
So I make the jump that current policies kinda make the U.S. into a rather big developing country. The same dynamic exists of a developing country, where mucho capitol is required to build out required infrastructure, and sadly developing countries also are often saddled with debt, lots of debt.
The money has to come from somewhere to build out manufacturing, and capitol is needed, almost like a developing country that has to evolve and build out a new economy. Same but different.
So I would argue how did the richest country in the world become/emulate a developing country? I would argue that this is not really progress that is meaningful. Competing at the level of a developing country is kinda dumb, and know and understand that we are not really so competitive with countries that are already developed.
A kinda step backward…
Cal