Regardless of short-term trends that reduced the significance of manufacturing in the developed world, he says, the kind of accumulated knowledge that car manufacturing represented should not have been jettisoned without something to replace it. There appears to be an expectation that the Chinese will replace that loss of value by investing their money in Australia. But if that happens, it could lead to boosting the existing bubble in the property market, warns Varoufakis.
A wise man once told me… nothing in this life is coincidence, nothing is random, even when shuffling cards or throwing a dice. We always thought that throwing a dice is random simply because we don… Source: A Glimpse of Life of a Bhutanese Nomad
Saudi Press Just Accused US Govt of Blowing Up World Trade Centers as Pretext to Perpetual War Jay Syrmopoulos Washington, D.C. – In response to the U.S. Senate’s unanimous vote to allow 9/11 victims’ families to sue Saudi Arabia in federal court, a report published in the London-based Al-Hayat daily, by Saudi legal … Continue reading USA – Saudi Gang Feud – Saudi version of 9/11 mistery