Tarpley: 'Globalization is failing'

The United Nations general assembly has convened in New York City this week, the conference is supposed to address multiple issues from peace and security to economic security. The gathering of over 100 nations has been met with skepticism over the effectiveness of the UN's ability to solve the world's problems. Webster Tarpley says that China is the only nation who has shielded itself from globalization and is responsible for poverty reduction, a goal stated by the UN.

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[harveybirdmannequin]

Globalization was just a gimmick to advance the same Federal Reserve system robbing the USA to around the world.

China is benevolent in its state control whereas the USA just doesn't care about the citizens. China is the modern state. The reason China's living standards have not exceeded the USA's is because China keeps buying US debt and the USA effectively burns all the products of China's labour by war spending, corruption, foreign aid to ungrateful countries, bread & circus, etc.

[www6maxnl]

TARPLEY SHOW PLZ

[LogicalFlawDetector]

@blueorangelettuce

See, you used the word douche. So we are even now. Now read a book on international trade theory and stop listening to this moron.

[blueorangelettuce]

@LogicalFlawDetector You're a real douche for using insulting words like faggot in a grown up discussion, especially when joining the conversation a year late. Grow up moron.

[LogicalFlawDetector]

@blueorangelettuce

Faggot, most of those 3 billion people live in countries shut out from international trade and globalization. The people in India and China have seen their living standards raise substantially.

[prjerry7]

@Colonialscrip their slave labor is hard to compete with but the other problem is Chinas undervalues yuan. A Chinese can make a boat out of wood, sell it in USA ''cheap'' but for them its sold expensively because at home their yuan is undervalued, USD overvalued, so they get cash to buy 3 of the same boats.

[Colonialscrip]

@prjerry7 We had this same kind of china problem in 1840s. My hero, Andrew Jackson put a tarrif on all english manufactured goods, in order to allow the southerners buy from the north and hence our industry/economy fluorished. Why cant Obama do the same, put a high tarrif on chinese products under the pretext of slavery (chinese workers), then our industries can spring up again. We CANNOT compete with slave driven factories, its virtually IMPOSSIBLE.

[prjerry7]

@Colonialscrip Ireland has no hope.

For USA & UK; war is expensive, so is big government.

Still, weve always had debt, before it was actually larger, unfortunately today growth has slown in these parts of the world due to outsource of jobs, especially to China, who has an undervalued yuan & a gigantic population that works on slave wage making it cheaper for them to cut a stick & ship it to the other side of the world then it is for your neighbor to cut a stick & sell it to you

[Colonialscrip]

@prjerry7 The EXTERNAL debts of these nations are huge. I was actually referring to NATIONAL/PUBLIC debts. Your sources are also very accurate. Is national debt that can force a nation to sell of its resources, government establishment, or even cut down its budget on social welfare programs like education and healthcare. Thats the debt that is more frightening. The US public debt is just way off the hook.

[prjerry7]

@Colonialscrip Actually, UK external debt is actually 470% of its gdp; h t t p : / / w w w . u s d e b t c l o c k . o r g / w o r l d - d e b t - c l o c k . h t m l [take out spaces].

USA interest isnt only being paid, its external debt is being paid but domestic debt is booming.

Hope this helps C;