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2月10日

Impossible Globalisation

The world is turning protectionistic. Suddenly, it was an awakening. Strangely, though it has been in the writing for a long time. It was most painfully written in Obama's election promises. And the world was cheering him on. It was right in our face when corporate America gave the executive more than what he deserved. Now we blame them for our bad parenting. It was brightly lit when the world dissed China for her tough one-child policy. Now we have too many people and too little work.

Now we are all suddenly upset that America wants to save itself, close its doors for some redefining, reduce its borrowings and slim down after years of obesity.

Because we have been feeding this obese obsession. Because we have been lending them money to pay for our work. Because we have been rushing into this blackhole of consumption, the sudden overwhelming surge of magnetic forces in this overweight center causing the blackhole to finally break up and sprew everyone out, is too disorientating. We can no longer believe in hegemony. Regionisation is a bad word. Autonomy to re-organise our production, consumption patterns prove too much to percieve and accept.

Protectionist America is good. It is the finale to herald in "change" where the world produces not for one center, but the real hegemony of needs. Where globalisation goes into first phase, where demand and supply is balanced.

It has been bewildering that we have been vocalising globalisation based on a singular consumer, multipule supplier model. Even when we add China and India, a total of more than 2 billion population into the supplier side economics. Strangely, no world reknown economists has noticed such a huge statistic, a major tsunami among the ripples of empricial data.

Globalisation requires an almost equal amount of consumers as suppliers. Or at least not just one or an extreme small number of consumers with an disproportionately high number of suppliers. The closing up of the American market will enforce all other countries to develop their own domestic market, or seek a co-operative regional market. This can only mean well for globalisation.

Success of globalisation requires consumers, as well as suppliers. Only with regional consumption centers in every part of the world, can there be business for suppliers. Not the cheap labour and ever lower costs which do not generate consumer markets. These benefit only the corporates, who now face their own undoing of depending on only an almost singular consumer market.

Let there be "Buy American" and "Hire American". The world needs to wake up to real costs, real wages and sustainable consumption.