The Realities Of Globalization

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There could only be one reason or explanation for the stock markets of the world to fall so heavily after England voted to leave the European Union—to scare and control the middle class. People need to ask themselves what has globalization done for the middle class or for the poor? What has NAFTA done for America and American workers? Has it raised wages, created jobs or made it easier for the middle class? For those companies that left the U.S. and set up in places like Mexico and China? Did it raise wages or lift people out of poverty in those nations?

People really need to understand what is truly going on here with the people at the top, the establishment the true one percent and the rest of us. Since pensions of the past are virtually gone and we are now more dependent on Wall Street for our retirement, they control the fate of the middle class. For those living in poverty, the establishment has made them more dependent on government and the hope of raising minimum wage which will do very little.

What the people of England did by voting to leave the EU shows the struggles of the middle class, lower class and those in power to keep control of our wages and future while having us blame others for our struggles. People do remember a time when it was easy finding a good union paying job with benefits and didn’t have to worry about Wall Street or their company leaving for cheaper labor.

The way the people at the top can disapprove and manipulate the market and our money over voting a certain way should frighten all of us. Look how fast the market rebounded and I’m sure there were many at the top who made billions in those few weeks. How much did you make or did you even get back to where you started?

—Patrick Nicolosi

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