globalised markets = globalised insanity, page-8

I agree 100% DDzx with his post. Globalisation was always dressed up as giving us what we always want which was cheaper everything, when in reality it was created to increase money flow and profits with the main focus being short term gains and less on long term prospects. Globalisation has been nothing other than turd dressed up in pink icing sugar.

Remember those feelings when you were at the shop counter with goods made in China that were so cheap that you thought it was too good to be true? Like DVD players, cordless drills, spanners, etc - you just knew they were priced well below what we could make them here for. But we just accepted it as the new normal and in the process pretty much snubbed anything that was made here or in any other nation that paid its workers fairly like ours. The loss of manufacturing jobs here and abroad is all the proof one needs.

And now we are here with the dark reality dawned on us all, which is the fact that all those cheap goods really were too good to be true and it's now payback time. The fact that we are loosing much of our produce companies like CSR and Tully sugar and our arable farmland to what was once 3rd world nations means that payback time is now knocking on our children's doors.

At the same time we are quibbling over stupid policies that are going to put us further into vulnerable positions where we'll simply have no option but to sell out everything due to our desperation and greed.