Tuesday, December 20, 2011

but close our factories and the streets of lower manhattan ...

is there an echo of bryan here

in stigs call to arms ???


no

he is all for allowing the rust bowl to crumble into iron filings

he wants something better
a new basis for national economic sustainability

post industrial vision ??  ....yup !!!

let the manufactures disapear
...but stig how will  we "pay for " our imports of convenient  products
and  necessary  inputs ???

well we might... i guess... create a balance
in raw inputs and resource extractions
after all despite its now  small  labor force
ag and extract still might produce adequate exchange value
 to allow aquisition of our necessary outside imputs at global prices

but can intellectual property licenses
and high tech post industrial global services alone
---you know stuff like  the securities industry provides ---
 really "pay for " our imported wide screens   golf balls and t shirts ???

far better we assume industrial balance
 by striving to equal the exchange value of our  industrial exports
to  the exchange value of our  industrial imports

and let  trade and payments flow for global IP  go and come from  where they may

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oh ya and then there's the migrations of various qualities of "labor capital"

ya ya
we'll need to frig around with the forex too

and stig seems to want that subject left to wonder the aisles of Target
 like an abandoned child  three days b4 xmas