Natural resources, Foreign investment, and Holy growth! is the “trinity” of our day.
It is of-course inconsiderate to talk much about Natural resources as these are dispensable and thus of no further value. Investors however, not to mention foreign investors are something else, without them we could just lie down and die. Finally but not least the magical growth.
Growth proves that the earth is flat and that the earth is the center of the universe.
Corporations are so eager to grow, preferably above 20%, that, they are willing to socialize their “externalities” to the public at large. The whole formula is actually: Grow like crazy, bad loans – high yields, extraordinary leverage, and NO meaningful loss reserves.
Countries that can not provide the Multinational corporations with growth, i.e. natural resources, slave labour, and no taxation are quite useless.
Defective by Design:
Time for Change
The Bank of Happiness
Interest free economy
The Essential Exponential!