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"One quick and effective solution to the global economic crisis is a global economic and political reset. A global economic reset means that world leaders can come together to agree on debt forgiveness to all nations and restructuring of the global economy. Friends and enemies alike, no exceptions. To be fair to nations with lesser debts, they could be compensated on a ratio basis to enjoy treasury surpluses. A new international trade and reserve currency will probably be established to create a fair global economic system and to implement the reset. This could bring a new era of global prosperity and socioeconomic exchange. This is a much better alternative than currency wars, international hostilities and continuous risks of global socioeconomic shocks." »Med Jones
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"Countries that try to spread their ideologies by force, be it religion, socialism, capitalism, democracy or something else, will be overwhelmed by the human and economic cost of conflicts. Those countries will lag behind other countries that are focusing on developing their economies and advancing their interests via global partnerships and trade. With the new global knowledge and global competition, if you take your eye off the economic ball someone else will pick it up." »Med Jones
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"Politicians should shift their thinking from how I can balance the budget to how I can attract top global talents, businesses and investments to compete in a global economy." »Med Jones
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"Knowledge networks will revolutionize the global economy. They will change the way we think, learn and work. The prosperity of a nation and its people will be determined to a large degree by how well they can leverage the global knowledge networks to develop their resources, collaborate, innovate and market their products and services." »Med Jones
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"Civilization is a transient sickness." »Robinson Jeffers
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"The chalk marks are transient, the formulas eternal." »S. Weinstein
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"Art is long, life short judgment difficult, opportunity transient." »Johann von Goethe
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"A home is not a mere transient shelter its essence lies in the personalities of the people who live in it." »H.L. Mencken
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"A home is not a mere transient shelter: its essence lies in the personalities of the people who live in it." »H. L. Mencken
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"Without peaceful international relations, there could be no economic stability and prosperity. On the political front, world leaders and UN veto-holding members could reset their foreign policies and stop burdening their economies and their people with international conflicts. The UN international courts of justice could be responsible for resolving international conflicts. The implementation of this solution requires a strong global leadership vision and action. Unfortunately the US leadership is limited by many conflicting private interest groups and is buried in domestic politics, ideological conflicts, and security issues. It is also unlikely that the global powers will let go of their power voluntarily and the situation will not get better before it gets worse." »Med Jones
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"The new electronic interdependence recreates the world in the image of a global village." »Marshall McLuhan
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"None has more frequent conversations with a disagreeable self than the man of pleasure; his enthusiasms are but few and transient; his appetites, like angry creditors, are continually making fruitless demands for what he is unable to pay; and the greater his former pleasures, the more strong his regret, the more impatient his expectations. A life of pleasure is, therefore, the most unpleasing life." »James Goldsmith
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"Knowledge networks will transform the global economy. They will change the way we think, learn and work. In the new economy your network should be at the heart of your strategy." »Med Jones
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"Innovation in products, services, value chains and business models is the only sustainable growth strategy. New knowledge and business networks will shape the new global economy." »Med Jones
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"In an era of global abundance, our world has the resources to reduce dramatically the massive divides that persist between rich and poor, if only those resources can be unleashed in the service of all peoples." »Kofi Annan, In his "In Larger Freedom" report to the United Nations General Assembly
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""We are the first atheistic and global, all-embracing civilization. You cannot tell whether you are sitting at an airport in Hong Kong or in a hotel in Alaska. Everything is instrumentalized, subjected to a short-term purpose. It is quite possible that in such a situation any sense of a deeper meaning gets lost.”
" »Vaclav Havel
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"Laughter, while it lasts, slackens and unbraces the mind, weakens the faculties and causes a kind of remissness and dissolution in all the powers of the soul; and thus it may be looked on as weakness in the composition of human nature. But if we consider the frequent reliefs we receive from it and how often it breaks the gloom which is apt to depress the mind and damp our spirits, with transient, unexpected gleams of joy, one would take care not to grow too wise for so great a pleasure of life." »Joseph Addison
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"The ways in which senior executives allocate, manage and position their new digital assets and knowledge resources will have a strong bearing on the firm's ability to compete successfully in today's global digital economy." »Med Yones
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"The challenge is that CEOs now think like global investors, while the political leadership thinks like local civil servants. Getting the right policies to attract and develop talented labor, capital and diversify the income sources will determine the prosperity and wealth of the people of each nation." »Med Jones
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"Humanity must have a speed of advance higher than the speed of advance of cosmic disasters or big global catastrophes!" »Mehmet Murat ildan
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"Countries that try to spread their ideologies by force, be it religion, socialism, capitalism, democracy or something else, will be overwhelmed by the human and economic cost of conflicts. Those countries will lag behind other countries that are focusing on developing their economies and advancing their interests via global partnerships and trade." »Med Jones
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"globalization of markets, competition, partnerships and risks should carry far more weight in the designing of strategic national development plans. It is not enough to think about government budgets anymore, you need to build your economy and businesses for global markets and competition" »Med Jones
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"The forces of the Power Cycles work over time to distributes the power and wealth among nations. Every nation and every political party must go through the cycles of expansion and contraction. This is true for all past, current and future powers. The only difference is that this power cycle got accelerated tremendously with the introduction of the Internet and global communications." »Med Jones
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"In the age of knowledge and global socioeconomic exchange, goodwill and trade relations are far important to national prosperity and stability than land or military power. Socioeconomic systems that are built on exclusive ideologies, religious or ethnic purities are breeding grounds for extremism and will eventually lead to civil and international conflicts. Those countries must change or fail." »Med Jones
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"Over the long term, if government revenues continue to be less than the expenditures (deficit). This will result in accumulated debt. An increasing government debt will result in higher interest payments, and less money available for socioeconomic development. To pay for the debt, the government will have to raise taxes, which will reduce the competitive position of the country in the global economy and chase investors away resulting in less economic activities and more job losses. In order to avoid higher unemployment and social instability, the government have to raise more debt to fund spending and welfare support by raising the interest rate which will increase the cost of money, reduce corporate profits and slow economic investments, thus resulting in more job losses and reduced government revenues, despite income tax increases. It is what I call a vicious economic cycle." »Med Jones
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"Over the long term, if government revenues continue to be less than the expenditures (deficit), then the economic health of the country worsens because this will result in accumulated debt. An increasing government debt will result in higher interest payments, and less money available for socioeconomic development. To pay for the debt, the government will have to raise taxes, which will reduce the competitive position of the country in the global economy and chase investors away resulting in less economic activities and more job losses. In order to avoid higher unemployment and social instability, the government have to raise more debt to fund spending and welfare support by raising the interest rate which will increase the cost of money, reduce corporate profits and slow economic investments, thus resulting in more job losses and reduced government revenues, despite income tax increases. It is what I call a vicious economic cycle." »Med Jones
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| BTW, Why won't you become an editor? |
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