posted on Jan, 27 2014 @ 08:20 PM
reply to post by Bassago
Could his warning be for stock market investors regarding foreknowledge of an imminent collapse of financial markets in the United States, China and
I get that in genreal Americans (most) see the world economy in blocks since the abstraction helps hid the fact that they know almost nothing about
the reality outside their boarders. The financial markets in the US and UK are related but anything that affects the US may not affect so much the UK
(the reverse is not valid, any hit on the UK will peculate faster into the US, strange if we consider the sizes but London is still the economic
center of the world, I bet it is about the lack of regulations, old money and a, to me false, sense of respectability). Any problems in Asia will tend
to affect the UK and the US more than Europe and any problem in Europe will affect the UK more than the US and very little Asian markets, etc and so
on. Even in the Eurozone things are very diverse for example Portugal almost always works in counter cycle, people even fail to understand the the
Europe is not the EU and the EU is not the Eurozone.
Consider for example the effects of any economic problem in the US in regards to states to get a better sense of how interrelations and dependencies
work outside of the US (even under a Federal authority things are not equal to all States, especially if you look at the sectoral aspect of economy).
This of course should also hint to the problem of having the service sector as the majority of a nations economic might (like the US and the UK in
contrast for example to a more equilibrated economy like Germany).
In any case even if we live today in a global economy things aren't so linear, any thing will have ripple impact but nations economies like investors
tend to be diverse and less or more exposed to what happens in another nation, especially if we limit that only to stocks.
The centralization of money in the US and UK makes those nations more susceptible to being hit by any mishap that occurs else were (the bigger you are
the bigger you fall), call it potential for disaster, hitting a tree in a Traban is not the same a hitting a tree in a Mustang, without any more
considerations about variables we could give an educated guess to what drive will walkaway better from it.