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Major changes in global economy through time


Posts: 2876

Hi everyone,

I would like to start a conversation about the global economy. I would argue that the global economy has had 6 major changes since the dawn of civilization. The first was farming which lead to the 2nd... formation of money, and then, taxes, and then the 4th is industrialization, 5th is globalization and imagration of production as a result of available oil resources. And finally, 6th is research & technology which helps to create new industries, jobs, a new "meta" for life.

What do you guys think? Have I missed any major steps that desrve listed?

 

Thanks!!

 

Long Live Luna!

Posts: 1063
Major changes in global economy through time

I would agree with what you say, Luna. Though the whole part of “dawn of civilization” is highly controversial since, well, most scum sucking pigs sows here believe that we evolved from apes and that our whole universe is one big accident. And with the evolution of man we were civilized before…there are no records of course to support that theory (go figure). personally I think as the world advances more common elements such as fuel and water will become increasingly difficult to acquire...once that happens we won't be working to live, we'll be working to survive. 

Posts: 2337
Major changes in global economy through time

How do you picture our future global economy, Luna?

Posts: 2876
Major changes in global economy through time

I think the major economic challenges the world faces is Oil, and negativity.

When it comes down to it, all money is is an exchange of services. What this means is that in order for money to have value, people must be able to do valuble things or provide vabluble goods. In terms of commodaties, I think the world is okay, we have quite a bit, but the large majority of businesses in developed nations are service based.

In order to propogate a service based industry, I think there must be economic growth in the system. Due to the fact that resources and space is plentiful in North America, I would guess that Americans will continue to be the denominator in consumer power.

I think that China will experience a real estate bubble soon. I think it might be good for them though. The reduced real estate costs would allow China's middle class to be able to afford them, and the corrupt rich will still likely be just as corrupt, and a little less rich.

I think oil prices will continu to rise until it reaches a state where it's equally or more profitable to mine shale oil. At this point, the oil production nations of the world will find themselves in a little bit of trouble. North America will likely have a much higher majority of hybrid/electric cars by then as well.

I think Youtube, and web-media will unite the world in ways never seen before. We will resist war between nations, we will take back control of our governments, and with religion dieing, I have quite a bit of hope for the future. :)

Posts: 821
Major changes in global economy through time

I can't believe you think that way.

 

 

Posts: 2337
Major changes in global economy through time

Tell me more about your belief that religion dying. I was not aware that it was...

Posts: 1063
Major changes in global economy through time

Well…you did use “I think” about 7 times in that post and honestly, it shows. Religion is not dying, every year some new crackpot chimes in with a new religion and dopes thousands into following. Not to mention the main ones like Christianity which 78% of US adults are affiliated with. I do believe China will experience a real estate boom as well, once they’re in control or our country. We’re in debit to them for how much? 16 trillion?


And your last little paragraph is complete childish ideology…I’m actually shocked you said that out loud.

Posts: 377
Major changes in global economy through time

The last bit with the death of religion. Now in the western world it is true, there is an increasing trend towards secularism. However, once you leave the western world and go out to where the real population centers of the planet are you find a great deal of religious belief, and it is only growing. And in many places all we would need is a mild catastrophe, like a famine, to cause a general slide back into superstition and belief.

Posts: 1156
Major changes in global economy through time

Water

Posts: 161
Major changes in global economy through time

". I do believe China will experience a real estate boom as well, once they’re in control or our country"

I don't think China will control the United States. Why do you say that???

They already know their money is lost. Besides, they're facing a bigger problem, which is the demographic composition (a result of some policies imposed during the communist regime) and that might change drastically the landscape.

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