Wednesday, August 29, 2007

Globalization: Now see the results. Happy?....

From truthout.org :

Frederic Lemaitre
Countries Buying Up the Planet

http://www.truthout.org/docs_2006/082907G.shtml

For Le Monde, Frederic Lemaitre observes: "For two decades, globalization has rhymed with liberalization and privatization. That's over, or very nearly so. Tomorrow, by a strange reversal of the situation, globalization will rhyme more and more with nationalizations.

With one important new detail: companies will no longer be the property of the State in which they were created, but will belong to the planet's new bankers: notably China, Russia, Norway and the Gulf States."

[Use link above to continue reading]

Wrap...

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