Option Dial - Education for Option Traders - Globalization, Trade Deficits, and the New Working Class

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Globalization, Trade Deficits, and the New Working Class

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Complete video at: http://fora.tv/2008/06/12/Gabo... German journalist Gabor Steingart blames western nations' trade deficits for the shift of traditional manufacturing jobs to developing countries, a phenomenon he describes as a "second industrial age - blue-collar 2.0." ----- The 7 Fallacies of the Globalisation Debate: Is it destroying the West? The Flat World. Outsourcing. Free Trade. Each of these phrases is a flashpoint in one of the most heated debates of our lifetime: is it a force for good? - The Global Policy Institute Gabor Steingart is a German journalist and author. From 2001 until the end of June 2007, he headed the main city office of the news magazine Der Spiegel in Berlin today, he is responsible for the mirror office in Washington.

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: ForaTv

Length: 06:53
Rating: 5.0
Views: 3679

Tags: debt  deficit  trading  economy  economics  globalization  weak  dollar  falling  markets  imports  importing  exports  jobs  workers  fora.tv  foratv  fora  tv  

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Video Comments

komputaman (November 30, 1999 at 12:00 am)
when slavery was "abolished" money was paid for working, now the money is worth less than the energy it takes to do a job, got to keep it going because we are free and our masters need our lives and taxes to pay for our freedom
mans410 (November 30, 1999 at 12:00 am)
Corporations have not Country, money is their goal wherever they can make more money there they will go if the rules allows them to do so, there is a shifting scenario from USA an Europe to China an India, we send our factories over there they send us their poverty, that will be the final result, and corporations will be more powerful than ever.
sonever1 (November 30, 1999 at 12:00 am)
Strange name for a group 'Global Policy Institute' --- sounds kinda, well you know.....'globalist'. But this fellow Gabor Steingart makes sense in favor of Economic Patriotism and anti-offshorring. I wonder if he has any younger sisters....and would that make them Gabor Sisters?
sonever1 (November 30, 1999 at 12:00 am)
So, the proverbial broken watch was right twice a day. Marx, Lenin, Hitler, Stalin, Mao, ...lots of broken 'coercive socialist' watches.
volwolf (November 30, 1999 at 12:00 am)
the globalist view, which has produced record trade deficits in the US, is promoted by corporate america and both major political parties. the end result is the destruction of the middle class in america.
limonare (November 30, 1999 at 12:00 am)
Good video. Thank you.
yahoovisitor (November 30, 1999 at 12:00 am)
Fake inflation of basic items of everyday life is being created, but the human life for which all this is being done seems to be of no price or having no value. Daily hundred thousands of human beings are losing life by different ways. Isnt it possible by United Nations, G-8 or some International Human Rights Commission to work out a formula of basic human rights & needs of life & implement it to end this situation of chaos ending in extremism or terrorism by unaccountable no of ways nowadays?
stone1home (November 30, 1999 at 12:00 am)
Karl Marx said as much a hundred years ago, by the way.

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