Wednesday, February 9, 2011


Bondage/dominance/merger/acquisition.  Yes the corporations have vices.  They hope to dominate the world economy, and they are not shy about it.  Krugman issues this statement in his Nobel prize speech.  He likens the new economy as a rise of firms.  I could put that in context or I could say that is a direct quote.  I highly recommend watching his prize lecture.

The States of the world matter little now.  Industry is now the mother of invention.  Mergers of the largest financial instruments are counting down the days to where everyone is employed by the corporations, even the President of the United States of America.

The stock exchanges are coming together now on an epic scale.  London and Toronto, and New York with them.  I can not help but be reminded of Lord of the Rings.  One exchange to bind them, and one exchange to rule them all!

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