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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: russwinter who wrote (58070)4/12/2006 6:53:50 PM
From: RealMuLan  Read Replies (2) of 110194
 
>>I agree that westerner consumers are taking complete full advantage of the situation. The big winners are Chinese fat cats and their corrupt political pals, and western "shop til you drop" consumers. The big losers, the general Chinese population. But the fault for this must be placed squarely at the foot of Chinese leadership for allowing their country to be duped and turned into a dump.<<

Not just western consumers, also Western companies. Western consumers cannot go to China and set up the sweatshops. Only western companies can!

And you are right. It is such a shame that the Chinese gov. really fails in this aspect, completely surrendered to the interest groups all over the world. And Chinese as a whole are suffering from the result. There are quite a number of cancer villages all over China.

It is estimated that 400 million farmers now have lower quality of life comparing with 30 years ago.
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