Monday, March 14, 2005

Any Economists Out Here?

I just finished reading that book by Paul Hellyer (see previous post). Has anyone heard of the Multilateral Agreement on Investment (MAI) or have any idea what it is? Mr. Hellyer seems to think that if it is implemented (if it hasn't been already), it's the end of national sovereignty, for Canada and everywhere else, and corporations, particularly banks, will rule the world. That is his basic theme. Is it just the kind of scare mongering we've heard countless times before, or is there really something to what he is saying? I'm willing to hear out any viewpoint from anyone who knows what it is, particularly because it seems to be a well kept secret that the MSM WILL NOT TOUCH!

I don't even know if it's been signed into law anywhere or not, or if not, is it still being negotiated. Does anyone reading this know? Still on trade...


James Bow said...

*If* I recall correctly, MAI collapsed because the French expressed the exact concerns raised by Hellyer. And more power to them, I think.

Looney Canuck said...

Sometimes, you almost have to like the French. They're here for a reason. ;-)

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