Thursday, August 28, 2008
World Politics
Even though our environment is a sensitive issue there is one subject that is often ignored when discussing world politics. When you take into account that every nations' economies are expanding overseas you find that they are stretching too thin and pose the risk of falling apart. The local corporations like Walmart, Inbev and others are expanding their empire into other countries running other companies like Anhessar-Busch into the dirt. The other concern is that should a recession hit one country, the other will follow just like how the European Union did during the 2008 recession. It's useless to stop these monopolies from growing but the best thing is that they be mindful of the risks they are taking as they continue to reach out to foriegn countries.
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2 comments:
I believe your anti-globalization argument agrues for an isolationist mentality, one that historically has left economies stagnant. Inbev's purchase of Anweiser-Busch will not destroy the St. Louis economy, the job cuts Budweiser made when they were losing money left and right did far more damage. Foreign investment is vital to the success of modern economies. Trade Blocs, such as the EU, are far ahead of their time. Not only are there basic economic standards to join, but their interdependence on each other's well-being creates a stable European economy and a military deterrent as member states realize the well-being of their nations is directly linked to that of fellow European states.
I'm definitely not an expert on the subject, but to me it seems that having overseas investments would make a business more stable. If the economy is failing back in the motherland, wouldn't it be prudent to branch out elsewhere?
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