Since we can not seem to improve the standard of living in ANY of the 3rd world countries, maybe our leaders are trying to devolve us down to their levels. You may take the meaning of "their" in that statement to mean leaders and/or 3rd world countries. < bg >

>Yesterday a short CNN story mentioned that "The Fed" may reduce interest rates again Tuesday to "fend off deflation"... 'which is a phenomena not seen in our economy since the Great Depression'.
>
>Shouldn't we ALL be VERY bothered that...
>1) this problem is looming yet nobody seems to know its (real) cause or its real antidote;
>2) this looming problem will affect us ALL yet nobody can advise us how WE can/should react?????
>
>It still looks to me that "deflation" is the natural outcome of globalization and if it is, and if deflation is bad (as it obviously is in my mind) then why do our leaders still push globalization down our throats?