Zambian writer talks of the fall of the West

Andy Cruz   

The West is falling behind other regions of the world whose growth rates shatter anything America or Europe is ever capable of producing. Zambian born Dambisa Moyo writes a book reviewing how open trades locked have helped the rest of the world to catch up with the West. actually a small elite part of the rest mainly in India and China have caught up and are using their money to buy up London and American cities with their often corrupt state monopolistic money. Ms Moyo shows how throughout the emerging world government-owned investment pools of cash are shaping and determine the global economic landscape. Make no mistake there has been a deliberate policy to demise a large chunk of the American population to benefit the 1 percent both domestically and internationally. The miss location of resources to a small financial sector in the West have caused the erosion of the lifestyle for most in the West. Businesses in the West keep leveraging themselves to make stock holders richer and the company's debt larger ultimately In a self destructive way to help investors cash out the company. The author even brings up insanely high salaries for sports and entertainers in non-productive areas . Few argue against their income as many foolishly dream that they have equal shot of stardom and making it big. This ploy by the ruling class may explain the very existence for a celebrity social class. This is a very interesting economics book written by a young female author I never heard of and who knows her stuff. She takes on Western society and their demands for more basketball stars and investment bankers over scientists and doctors. We definitely don't have our priorities in the right place.

   The transfer of Western technology through espionage breeches from China is overhead and is not talked enough for the rise of Chinse competitiveness. When you don't have to spend much of R and D . Chinese hackers and cyber spies loot the innovation and time spent overseas. She also talks about moronic decisions by American companies as marketing and selling the hummer while the rest of world moved on to compact and Eco-friendly automobiles. Dambisa gives some answers to how the West should answer this challenge from The East as our addiction to debt continues our self spiraling drop on the worlds stage. Pretty much the best answer is just calling a default and starting from scratch a new economy erasing all our debts to fucking China. There really is to a thing they can do if that happens and a clean start is exactly what we Ned to reset the situation and get our country back from wealthy Indians and Chinese who benefit the most with our endless money printing ways in the West handing foreigners the key to our key cities in the West. It's funny how more easily a Zambian sees the situation over the average dumb ass working class Briton and American stiff.