THAMÉA DANELON – PÂNICO – 08/07/22

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Fix the Foundation First

The only real solution to the economic problems are to rebuild the foundation of the economy. Bailing out banks or car makers are in effect just patching the walls or repairing the roof.

Rage Against the Machine – Why the Big Fuss Over Globalization?

As the film star Joan Crawford once remarked, “The only thing worse than being talked about is not being talked about.” In the converging global economy, things are not all that different: In many ways, the only thing worse than opening your borders is not opening your borders. Sure, there are disadvantages to the free exchange of goods, services, and money. But the advantages are huge. And those countries that close their borders are going to remain in the back of the pack even during times of economic crisis.