Monday, October 6, 2008

Mortgage Default and Imperialism

Mortgage Default is being blamed for the activities, the decisions of Ivy League MBA graduates.

I don't want to oversimplify certain factors, but and I do want to emphasize but, for political-economy purposes, Mortgage Default is the result of certain specifics of imperialism.

If manufacturing standards are applied and enforced in the global market universally, that specific of imperialism, cheap labor would relatively relinquish it's contradictory dynamic.

By Apropos

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