Before I leave, I have to mention top down vs bottom up approach. Top down being a the typical French approach. Since I will be going to Paris in early Spring, I felt I should mention that. You can get an idea of what it is if you know what trickle down economics is. It was most widely known throughout the Reagon term.
Found another bloggers’ insight on this topic. It kind of helps in explainin a better way what was in my last post. She used Google vs the necessary evil:Wal-mart. Here it is: http://www.blogfabulous.com/top-down-v-bottom-up-economics-101/
Knowledge is a powerful tool, use it wisely. hahaaha. =)
Oh yeah, before it escapes my mind the reason why i brought up the mortgage issue is because one caller had said that is what led to our current state, but as we can see poor management, insight, accountability, and just plain corruption are factors to it. So you can’tblame everything solely on other countries, but be grateful for our interconnectedness while must also deal with the negative effect of globalization, that is most evident through the fluctuation of gas prices. When one country goes down, it affects us all. If prices for gas falls or rises, again, it affects us all since we all use it. America must take the lead. Realize its mistake before it is too late. I swear this is the end for today…thanks for reading. ^_^
