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August 24, 2010 at 12:03 AM #595997August 24, 2010 at 6:06 AM #596370
Arraya
Participant[quote=CA renter]
Yes, very true, but from what I’ve seen, the wealth/income distribution in the U.S. doesn’t look very different from this global one.
.[/quote]Yup, the US mirrors the rest of the world in wealth distribution. All wealth structures pull wealth from the periphery towards the center. Which is way we get a pyramid structure with wealth concentrated at the top and “wealth conveyors” pulling wealth towards the center. Debt markets are a good example of “wealth conveyors” . The US is the center of the global economic structure, so it gets wealth conveyed to it in the form of resource extraction via globalization and sophisticated forms financialization.
Now is about the time in history when these wealth conveyors start to break down. As time goes on, we should see an increased number of failed states globally and underclass internally. As the periphery gets stripped of all it’s wealth, the elite will move further up the pyramid via public policy to maintain their privileged positions and levels of wealth extraction as well as increased fighting over resource deposits on a global scale.
I like to imagine we are better than this, but I am probably delusional in that respect.
August 24, 2010 at 6:06 AM #595409Arraya
Participant[quote=CA renter]
Yes, very true, but from what I’ve seen, the wealth/income distribution in the U.S. doesn’t look very different from this global one.
.[/quote]Yup, the US mirrors the rest of the world in wealth distribution. All wealth structures pull wealth from the periphery towards the center. Which is way we get a pyramid structure with wealth concentrated at the top and “wealth conveyors” pulling wealth towards the center. Debt markets are a good example of “wealth conveyors” . The US is the center of the global economic structure, so it gets wealth conveyed to it in the form of resource extraction via globalization and sophisticated forms financialization.
Now is about the time in history when these wealth conveyors start to break down. As time goes on, we should see an increased number of failed states globally and underclass internally. As the periphery gets stripped of all it’s wealth, the elite will move further up the pyramid via public policy to maintain their privileged positions and levels of wealth extraction as well as increased fighting over resource deposits on a global scale.
I like to imagine we are better than this, but I am probably delusional in that respect.
August 24, 2010 at 6:06 AM #595948Arraya
Participant[quote=CA renter]
Yes, very true, but from what I’ve seen, the wealth/income distribution in the U.S. doesn’t look very different from this global one.
.[/quote]Yup, the US mirrors the rest of the world in wealth distribution. All wealth structures pull wealth from the periphery towards the center. Which is way we get a pyramid structure with wealth concentrated at the top and “wealth conveyors” pulling wealth towards the center. Debt markets are a good example of “wealth conveyors” . The US is the center of the global economic structure, so it gets wealth conveyed to it in the form of resource extraction via globalization and sophisticated forms financialization.
Now is about the time in history when these wealth conveyors start to break down. As time goes on, we should see an increased number of failed states globally and underclass internally. As the periphery gets stripped of all it’s wealth, the elite will move further up the pyramid via public policy to maintain their privileged positions and levels of wealth extraction as well as increased fighting over resource deposits on a global scale.
I like to imagine we are better than this, but I am probably delusional in that respect.
August 24, 2010 at 6:06 AM #595316Arraya
Participant[quote=CA renter]
Yes, very true, but from what I’ve seen, the wealth/income distribution in the U.S. doesn’t look very different from this global one.
.[/quote]Yup, the US mirrors the rest of the world in wealth distribution. All wealth structures pull wealth from the periphery towards the center. Which is way we get a pyramid structure with wealth concentrated at the top and “wealth conveyors” pulling wealth towards the center. Debt markets are a good example of “wealth conveyors” . The US is the center of the global economic structure, so it gets wealth conveyed to it in the form of resource extraction via globalization and sophisticated forms financialization.
Now is about the time in history when these wealth conveyors start to break down. As time goes on, we should see an increased number of failed states globally and underclass internally. As the periphery gets stripped of all it’s wealth, the elite will move further up the pyramid via public policy to maintain their privileged positions and levels of wealth extraction as well as increased fighting over resource deposits on a global scale.
I like to imagine we are better than this, but I am probably delusional in that respect.
August 24, 2010 at 6:06 AM #596057Arraya
Participant[quote=CA renter]
Yes, very true, but from what I’ve seen, the wealth/income distribution in the U.S. doesn’t look very different from this global one.
.[/quote]Yup, the US mirrors the rest of the world in wealth distribution. All wealth structures pull wealth from the periphery towards the center. Which is way we get a pyramid structure with wealth concentrated at the top and “wealth conveyors” pulling wealth towards the center. Debt markets are a good example of “wealth conveyors” . The US is the center of the global economic structure, so it gets wealth conveyed to it in the form of resource extraction via globalization and sophisticated forms financialization.
Now is about the time in history when these wealth conveyors start to break down. As time goes on, we should see an increased number of failed states globally and underclass internally. As the periphery gets stripped of all it’s wealth, the elite will move further up the pyramid via public policy to maintain their privileged positions and levels of wealth extraction as well as increased fighting over resource deposits on a global scale.
I like to imagine we are better than this, but I am probably delusional in that respect.
August 24, 2010 at 2:10 PM #596237CA renter
ParticipantWe’re on the same page, Arraya.
August 24, 2010 at 2:10 PM #596550CA renter
ParticipantWe’re on the same page, Arraya.
August 24, 2010 at 2:10 PM #595589CA renter
ParticipantWe’re on the same page, Arraya.
August 24, 2010 at 2:10 PM #596128CA renter
ParticipantWe’re on the same page, Arraya.
August 24, 2010 at 2:10 PM #595496CA renter
ParticipantWe’re on the same page, Arraya.
August 24, 2010 at 2:15 PM #596138briansd1
Guest[quote=CA renter]
Those who have the $$$$ make the rules, and the rules will always work in their favor. And so it goes…[/quote]
It’s called the golden rule. 😉 Those who have the gold make the rules. The Rothschilds understood it best.
August 24, 2010 at 2:15 PM #596560briansd1
Guest[quote=CA renter]
Those who have the $$$$ make the rules, and the rules will always work in their favor. And so it goes…[/quote]
It’s called the golden rule. 😉 Those who have the gold make the rules. The Rothschilds understood it best.
August 24, 2010 at 2:15 PM #595506briansd1
Guest[quote=CA renter]
Those who have the $$$$ make the rules, and the rules will always work in their favor. And so it goes…[/quote]
It’s called the golden rule. 😉 Those who have the gold make the rules. The Rothschilds understood it best.
August 24, 2010 at 2:15 PM #596247briansd1
Guest[quote=CA renter]
Those who have the $$$$ make the rules, and the rules will always work in their favor. And so it goes…[/quote]
It’s called the golden rule. 😉 Those who have the gold make the rules. The Rothschilds understood it best.
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