View Single Post
Old 03-04-2009, 03:31 AM  
CarlosTheGaucho
Confirmed User
 
Industry Role:
Join Date: Oct 2005
Posts: 9,510
Quote:
Originally Posted by Paul Markham View Post
China a few years ago could hardly feed itself, not it's one of the richest countries in the world, lending the world money for bonds and shares, might end up owning the world because of this. All because we needed to have the new Nike $150 football shirt made by a Chinese worker on a fraction of our wages. Nike got rich, the Chinese factory owner got rich and a peasant got a job indoors rather than planting rice. And we got our over priced, badly made, obsolete in a year football shirt.
The fall of the Soviet empire was a major cornerstone.

The world did change, it's more money in you pockets these days to feed China and capitalize on their junk.

Money are in the east. Russia and China know this very well.

Last edited by CarlosTheGaucho; 03-04-2009 at 03:33 AM..
CarlosTheGaucho is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote