Quote:
Originally Posted by joethiesmanfan
Not backwards....China offered American corporations that were tired of labor unions an out. We create cheap products by employing our peasantry. Before American corporations started paying contractors to employ Chinese peasants then who was? No one, they were a socialist state facing extreme poverty. CEOs can make a quick bonus jump by saving millions or billions just paying a Chinese firm to produce what their american born corporation used to produce. Federal reserve notes mean nothing if America falls, they will be worthless to China just pieces of paper. If China falls they can use the American Fedral Reserve notes as currency. That trade deficit is the money of hard working Americans going to China. Don't forget the profits made by the American CEOS. The little ole american worker got left out. So in America and China you wind up creating 1. a small super rich class 2. A class depended on the government to survive. America workers are losing their jobs nad are now depending on hand outs for survival. Chinese workers who used to depend on the governement to eat now have a job, although they are being paid lower than their market value. CEOs say outsourcing is capitalism but that is not capitalism, unless you are paying workers their true market value, or have open competition for workers (free market dichotomy where yall at). The difference is, this is a democracy (super rich votes < laid off workers votes) so the super rich class is gonna have to feed the people they sold into socialism by shipping their jobs to Chinese slave laborer (socialists). China is following America's formula (slavery = richest nation on earth). Only they have too many peole and will reach critical mass once their peasantry becomes self aware again and their deep thinking ancient rich culture takes over. China will split into pieces real soon.
One more point, when Capitalism fails you wind up with
1. War.
2. Socialism.
3. Famine.
Which of these three is more plausible for modern America?
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Well Wall Mart did become that big because people wanted to buy made in the the US stuff over cheap China crap. So eveyone has a pat in this.