• lfbno7 said on Apr 05, 2008....

  I think the powers that be are happy with the economy. I think the goal of the real power brokers in the world is to widen the gap as much as possible between those who currently have wealth valued at over 20 million and those who don't.

• Kemo said on Apr 05, 2008....

  I agree with you ifnbo7, thanks for commenting

• silverwhisper said on Apr 06, 2008....

  kemo, what precisely does "increasing the net wealth of the country" mean? the transfer of money from person to person means that a financial transaction is a zero sum game: there is always someone losing out for every person who isn't. ?
  
  ed

• Kemo said on Apr 06, 2008....

  What I mean is we need to return to a manufacturing based economy instead of a “product less” service economy. By producing goods that have value, clothes, cars, steal, etc. Your increasing the net wealth of that economy. When providing services such as Gambling, entertainment, etc, your not producing anything in effect. Of course I’m talking about the economy on a Macro level…

• silverwhisper said on Apr 07, 2008....

  i'm utterly failing to see how such a regression could be a good thing, i'll confess. a product-based economy is dependent upon the availability of commodities (raw materials, whereas a service-based economy is dependent upon different things (e.g., legal structures as in the case of intellectual property, treaties, etc), availability of "knowledge workers" (a phrase i really dislike), etc.
  
  to me, a commodity-based/physical product-based economy is rather a lot, in certain regards, like a currency whose value is based upon a commodity rather than the "full faith & credit" of a nation's economy/credit rating, if that helps explain my thinking.
  
  ed

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