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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Jim Willie CB who wrote (10346)8/9/2004 10:30:04 AM
From: microhoogle!  Read Replies (1) of 116555
 
for every 100,000 jobs exported, foreign nations purchase an MRI
for every 1000 jobs exported, they buy an ATM machine
for every 1 million jobs exported, they purchase a GE electric turbine (long way to go on that one)


Did you pull those numbers out of thin air ? All you have to do is visit India (cannot speak for China but I suspect it is same there as well) and you will find the tremendous purchasing power of burgeoning middle class who is spending most of the money that is adding to the bottom line of US based corporations.

I oppose current manner in which outsourcing is handled as well - albeit on different reasons than you stated. You seem to engage in disinformation (or pure ignorance in details) and then lecturing Arun for being a lazy analytical slob willing to give him 'D' grade.

Now if you did not go into all the asinine details and told me that it is not a zero sum game, I would have agreed.
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