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Originally Posted by Paul Markham
OK as an inside expert. Explain why so many companies and jobs are going to China and other third world countries, why the migration problem has not been dealt with, why most people are poorer, why your economy relies on casino banking, why you keep wasting $trillions on unwinnable wars, why your health services are so expensive, why infrastructure is deteriorating, etc?
Take your head out of your liberal ass and answer.
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as i think that you never even read or studied world economy or even the money circle i will answer just one of your questions because this will answer the rest:
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Explain why so many companies and jobs are going to China and other third world countries
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1. because prosperity is not defined by the money people make per month - prosperity is how much they can buy for it. with higher manufactoring costs people can buy less and that leads to less prosperity.
2. america is not a chaep labour country - means it can not competite in that with other countries - but america is a high tech country where it CAN competite.
you canīt take part on a formula one race with a bicycle and expect to win that race or try to make new rules waht gives a speedlimit to the formula1 cars. this is not progress it is stepping back.
3. amercia is mainly an export country for high tech. to who they are going to export this high tech if not to the 3rd world what does not have any high tech yet?
and do not tell me that they canīt afford it. china baught more planes and trains from usa as usa baught planes and trains from usa.
4. you say you do not want immigrants? fine ! if they get a job in their country they will not come. and to keep their jobs in their countries they will import hightech from US.
is that clear enough for your beer table economy knowledge or shall i explain it with bees and flowers?
greetings
thommy