Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: RealMuLan who wrote (13946)	10/24/2004 10:43:10 PM
From: Snowshoe	Read Replies (1) of 116555

>>The strategy of China being the world workshop is pretty stupid in my, as well as plenty of Chinese, opinion. All China sells for is that bit of cheap labor, while at the mean time, it uses most of its energy for the product consumed in other countries, especially the developed countries, and polluted its own environment which is so bad, God knows how many generations it will take to clean them up. These are not all. Internationally, China gets bashed for most of the problems: lost of manufacturing jobs in developed countries; high oil price; high price for other natural resources; more pollution and bad climate….<< Yiwu, for once we agree on something! <g>

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