CRIMES AND CORRUPTIONS OF THE NEW WORLD ORDER NEWS (mparent7777_1) wrote,
CRIMES AND CORRUPTIONS OF THE NEW WORLD ORDER NEWS
mparent7777_1

Keating's new world order

Former Australian PM Paul Keating on post-Cold War globalisation.


Paul Keating

August 24, 2008

A prestigious American think tank told us recently that 66% of humanity lives in high income or high growth countries; up from 25% thirty years ago. A very powerful statistic.

Since 1982, the world has experienced a twenty-five-year, long wave of economic growth, overlaid by only two cyclical investment recessions; 1989-1990 and 2000-2003.

This extended period of high growth and low inflation has brought prosperity on an unprecedented scale. Growth has risen the world over in a long linear trajectory.

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