Friday, August 05, 2011

Ominous or obvious II...

Interesting stuff: "I am not alone in thinking that there is about to be a very serious blip in the matrix."...[OH]
More interesting stuff: "The rich world's woes have clearly hastened the shift in global economic power towards the emerging markets" [The Economist]

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Paul said...

"It is only in the past 300 years including the Renaissance, the Age of Reason, Agricultural Revolution and Industrial Revolution, that the West eclipsed the East."

That's one of the comments and I think it's key to what is happening and something I've been boring people with for ages. We are talking about a tiny time frame as the period in which we in the west have enjoyed the upper hand. I pointed out on a messageboard a month or so ago how Britain lost its way after the 1851 Great Exhibition, by the time of the Paris Expo in 1889 we'd lost the upper hand completely and limped through the 20th century becoming increasingly dependent on better quality imports.

Somebody said, "What do you mean lost it's way, since when was economics a competition?" No really they did, from their cave using their candle powered mac.

Span Ows said...

No, from their cave in Utopia. One comment, think it might have been in the Economist illustrated this with the dominant 'world' power and how it has changed almost every few centuries and in the last 500 years every century or so (POR, ESP, GB, USA) how it came west did the rounds of the near east and Med up to GB across the Atlantic (now heading back to where ot began for the next couple).

Paul said...

Logic says it must go in cycles because human beings are constantly evolving and reacting to problems. You've probably experienced this in your job and I know talking to clients who have dealings with China how over a period of 10-15 years it went from just quietly watching and learning to suddenlt being this all consuming monster.