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EVDebs Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-19-05 04:12 PM
Original message
"Local Currencies" a way to defeat Globalized corporations and
Edited on Wed Jan-19-05 04:57 PM by EVDebs
keep capital at home, creating jobs and less spending on fossil fuels.

http://www.schumachersociety.org/frameset_local_currencies.html

With most of your mortgage money being pooled and sent overseas or out of the local economy, "local currencies" that can compete with the globalized dollars need to be created in order to retain a local economy's job base and vitality. If this doesn't happen, the oil-based globalized economy will continue to siphon off capital and cause even further immigration into the US and loss of native-born workers (see Northeastern Univ's study http://immigration.about.com/cs/economicslabor/a/laborforcegrowt.htm )

Not to mention that the world's oil supply will only last around 35 more years...What is Wal-Mart going to do after that ? The whole globalization system only works as long as oil is cheap.

Those days are ending.



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GreenPartyVoter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-19-05 04:15 PM
Response to Original message
1. Thanks. I'll add this to my site
-----------------------------------------------------------
Save this nation one town, county, and state at a time!
http://timeforachange.bluelemur.com/electionreform.htm#why
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McKenzie Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-19-05 04:17 PM
Response to Original message
2. supermarkets over here import Californian carrots
it's bloody madness. Makes no sense to use oil to transport bloody carrots halfway round the world. I'm with ya on the local economy first thing.

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EVDebs Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-19-05 04:50 PM
Response to Reply #2
3. I can't understand the VAST exportations of local capital that
take place. No wonder Fannie Mae is in trouble. And local bankers should be 'keeping local businesses local' for their own good. The whole globalization economy is nonsensical in the long run, as you're seeing. Our local apple crop was destroyed by importing apples from New Zealand, so I'm with you ! No offense to New Zealanders, but our local Gravensteins were removed to be replaced by wine grapes, and now there's a wine glut (remember 'Two Buck Chuck' ?). Nutz.
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XemaSab Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-19-05 05:14 PM
Response to Reply #2
5. Here in California
we get fruit from florida, new zealand and central/south america when it's not growing in season here.
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David Zephyr Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-19-05 04:58 PM
Response to Original message
4. Good stuff, EVD.
Thanks for the links.:)
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