Originally Posted by
Pro.crasti.nation
Not only is it terrible for the rest of England, but it is inevitably terrible for the rest of the world.
Finance capitalism, which is what a lot of critics of the financial services economy, call it. Is far removed from both industrialist economics of the past and the gold obsessed kingdoms, that preceded them.
It's a creation of the city of London, based upon the information technology infrastructure that banks and large corporations funded, around the world.
It is not a natural evolution of economic processes within any particular nation but, the political and financial agenda of the banking elites of London and Wall Street.
The rise of China, the emphasis on cheap, mass consumer production, is artificially created and kept afloat by legislation around the globe.
The whole system is fragile and only works so long as most of the major governments of the world, and their indoctrinated middle classes, are captured by the global - Anglo-American - media.
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