Professor Wallerstein published a piece on the "The Sinking Dollar" (below). That got me thinking. I will connect this with my post on Socialism .
If some of us are willing to produce information for free, and the dollar is sinking, I believe that we will eventually be paid by whoever has political power. The London-Washington axis is coming to an end. The British and American Financiers are the ones losing money, rather political power.
My guess is that we are entering the Chinese Century. We better learn Chinese!
If some of us are willing to produce information for free, and the dollar is sinking, I believe that we will eventually be paid by whoever has political power. The London-Washington axis is coming to an end. The British and American Financiers are the ones losing money, rather political power.
My guess is that we are entering the Chinese Century. We better learn Chinese!
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