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It is All Global
August 16th, 2007
There are two future thinking filters through which I view the recent upheavals in the financial markets. The first is that we are moving to a new and developing global society and that this can first be seen economically. The second is that debt is something that must be looked with new perspective. Today we look at the first filter.
Humanity has conclusively moved into the global stage of its evolution. There is no turning back. There are more than six billion of us and that fact alone is enough to reorganize human endeavor to a global orientation. Human history shows …
The news out of Detroit last week was that GM had given up the title of the world’s number one auto company to Toyota. This was a development that had been expected, but when both companies reported first quarter sales last week, the numbers made it official. Toyota sold 2.35 million cars and trucks, about 100,000 more than GM. These numbers were expected, as GM had made a decision last year to cut back on bulk sales to rental companies which have historically been included in the total sales numbers.
The reporting in the media was predictable. Why did this happen? …