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Originally Posted by escapee  Here is my plan to rescue the next ROME .
1 )Focus more on manufacturing instead of financial sectors. ( Ie : Boeing )
2 )Focus more on the development high yield of agricultural sectors instead of financial sectors/Wall street.
3 )Pay better remuneration packages for engineers and farmers than the financial/wall street guys who reap profit from others' misery ( debt and inflation)
4 )Live an energy efficient lifestyle ( Mass transit, New urbanism & super energy efficient car ) to reduce the dependency on oil by XX%. At the moment, US ( with a mere 4 % of world population ) consumes a whooping 25% of exportable oil in the world. A big chunk of trade deficit comes from buying oil from the foreigners.
5 ) DRILL, BUILD NUKES and develop a basket of alternatives to guarantee future energy security or reduce foreign energy dependency.
6 ) Sound monetary policy to prevent another unsustainable "crack up boom".
Awaiting the approval of Steve Pavlina's congress |
I'm with you on this. I work in manufacturing and business is booming. While real estate and it's speculation cronies are in the pits, the company I work for can't make parts fast enough. We had a 15% gain in profit last year. Not many that can boast about that.
A question we might want to consider is: why is it that one corporation (who deals strictly in "financial products") can threaten the entire global economic system if it were to fall? This is the case with AIG and it shows that the government is not doing its job of (as Teddy Roosevelt would say) trust-busting.