Dan posted the following comment under the post Words of the Sage:
One thing that we cannot overlook, in the rush to a global economy, we forget about our standard of living. Many feel that a global economy will not work in the absence of a more balanced global standard of living.
Will a global economy reduce the standard of living we have become accustomed ? We will know the answer to this experiment in due time.
I thought the concern wide-spread enough that it deserved a a full-blown post in response.