Sunday, 7 July 2013
The coming economic backlash against America from the NSA spying scandal
Posted on 21:09 by Unknown
Lower Corporate profits, less jobs, higher unemployment and more poverty in America will all result from the NSA Mass Surveillance programs.
As hundreds of millions of more people around the world get to hear about what the American government has been doing there will be a backlash.
Only a very small percentage of people know very much so far - many more people will learn a lot more over the coming weeks.
There has already been a backlash in some very tiny ways.
Companies are now reconsidering any plans to use cloud computing - they now know it's not safe.
Google search traffic has gone down slightly.
A large proportion of large American Corporate profits are made in Europe.
Wait until the real backlash starts hitting :-
Less tourism to the US, Disney etc. will suffer
Less Christmas shopping trips to New York etc.
Boycotts of McDonalds or similar in Europe
Backlash against Google, Microsoft and Yahoo.
Backlash against American banks - particularly in places like South America, where American banks have a large share of the market.
We are already seeing a transfer away from London to Paris from rich Chinese tourists, because the UK is America's poodle.
We will see the same thing from just about everywhere in the world against America itself.
All sorts of things are going to start happening to America and American businesses because of the spying scandal and criminal behavior of the American government.
And none of them will be good.
The trade negotiations between the EU and US which are supposed to be happening today are already being threatened.
The UK and Sweden have managed to limit the scope of the EU questioning of the American spying - but questions are still going to get asked.
Angela Merkel is East German - she knows all about a Stasi surveillance state.
The UK and Sweden are trying to cover up their role in spying for the NSA as much as possible.
The UK and GCHQ are collecting large amounts of data for the NSA.
Sweden has been spying on the Russians for the NSA.
The large Corporations may have the US mainstream media locked down.
That's not the case so much in the rest of the world.
There is already sizeable amounts of anger in Europe.
A large proportion of large American company's profits are made in Europe.
When the backlash from the criminal behavior of the NSA and the US government starts hitting American companies profits - then we will start to see some pushback.
Unfortunately that is unlikely to be before it has caused significantly higher unemployment in America.
Unlike Americans, most other country's have a healthy disregard and suspicion of their own governments.
They have seen what out of control governments can do, e.g. Germany from 1933.
The worst of the criminal behavior of the American government and the NSA has yet to hit the mainstream.
When it does we can expect some much larger repercussions.
Update 07/11
The CIA / NSA's involvement in INDUSTRIAL espionage and how US tech companies are required BY LAW to facilitate it.
http://ian56.blogspot.com/2013/07/cisco-routers-and-switches-have-back.html
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