An auto manufacturer in India buys Jaguar and Land Rover. China outsourced labor intensive work to a nation in Africa. Being built in Japan is a sign of craftsmanship and quality. A popular model of a Japanese automobile manufacturer vehicle is one hundred percent built in the USA.
In the Congo province of Katanga Chinese businessmen are buying copper ore at a record pace. In Canada, Southeast Asia and the southern tie of the old USSR they are also buying up or securing leases to explore the rich oil, gas, and alloy fields of the regions at an unheard of pace.
Because of the recent interest and actual activity generated by the Chinese the economies of Latin America and Africa are expanding more than they have in nearly a century. This story is being repeated across the globe with many Arab and India based companies as well as the Chinese.
What is this phenomenon? It is called Fast Paced Globalization, which for Western European Countries finds its roots in the expansion work started by Christopher Columbus.
The whole phenomenon reminds me of what transpired when a leak first sprang out in a very enormous dam. It was a trickle and the people realized they could harness it and get not only better water, but more water for their community. This improved their economies.
Then another person realized this leak could be developed into a larger controlled system and really create an economic boon for them. Of course, this new wave of expansion required more workers. It didn’’t take long before their pool of workers evaporated as the old workers discovered better levels of life with their new found wealth from the increased economy. So they looked else where for workers.
You get they idea. Eventually the entire dam was the included in the system, which weakened its ability to hold back all of that water. Then, of course, the damn broke and they no longer had control of their precious water. It moved on, and others quickly came in and attempted to harness the precious water resource in the same way the first group had done many years ago.
Globalization is telling us the dam is broke and all of the resources we thought we had control over are now spilling out into other economies that are quickly gobbling them up. And like a broken dam with water bursting forth, it cannot be fixed by putting our fingers in the hole. It is to big, now, and it will require much work if we are to gain any control of the resources now spreading out across the land. Some is better than none.
But, alas, the people are shouting warnings about what all this expansion means. They resent the gas companies coming in. They resent the impact. They resent the Arab oil cartel. They resent, foreign workers. They resent...... etc. etc.
Ladies and gentlemen, the damn is broken and globalization is here! It is time for our community to begin seeking at least five foreign partners to our industrial complex. Maybe one partner from China, one from Mexico, one from India, one from Venezuela, and one Egypt, since each has already some industry compatible with our economic and marketing situation.
We cannot wait for the gas phenomenon to pass to act upon this new phase. It must be started up as fast as possible, if we wish our grandchildren to have an economy like what we have enjoyed these past two or three hundred years. If we don’’t act, our grandchildren may become recipients of China’’s outsourced work.
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