Dave Cohen quotes: "The only function of economic forecasting is to make astrology look respectable." —John Kenneth Galbraith
With leverage bubbles reinflating; serious global ups-and-downs, are shared.
Image: Russia warns US against shield
Yes, it is true... Only America's 'Russian immigrants' Love America... And yes, the U.S. is forbidden from attending or joining BRIC... But given the full picture that NO Country is exempt from serious economical issues; the most over-looked issue is how this will eventually prompt an Int'l cooperative effort to expand missile shields...
First, the financial picture, as Dave Cohen writes:
"The story was that the BRIC countries (Brazil, Russia, India, China) could continue their economic growth even if the United States went into recession. The situation is more complicated than this simple theory suggested. The Eurozone, China’s largest export customer, is also in recession as are Japan and Korea...
The recession is truly global in scope. As a result, growth in China and India is slowing down. Russia’s economy, which depended heavily on oil export revenues, is almost dead in the water. Brazil is trying to avoid a recession. Thus rapid economic growth in the BRIC economies will not support oil demand as it did in past years. Domestic oil demand growth will likely decrease in Saudi Arabia too… read full.Russia continues to refer to shields as “rockets”... but defense shields are interceptors; designed to “block” incoming warheads...
#1: They save lives.
Just found this video...
Al Jazeera talks to Dmitry Medvedev - 26 Aug 08
Odd that more was not being said about the hundreds of Russian tanks that my friend viewed, accumulating in villages bordering Georgia; in the weeks prior to break-out of violence...
But despite the mask of shared global financial issues, amidst bubbles, and hidden conversion restrictions; Russia's shield protests will prove contradictory; as future concern will be focused on: how the entire world will eventually assist one another to rapidly increase missile shields!
