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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 382.95-0.8%4:00 PM EST

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To: marek_wojna who wrote (55894)10/6/2009 3:45:38 AM
From: Maurice Winn1 Recommendation  Read Replies (1) of 217749
 
Marek, each worker has a value at any particular time. I have done very hard work for low pay. I sweated very heavily in dirty, noisy, dangerous conditions. That was just the price of things then. Nobody made me take any particular job. "Sweat shops" is a silly term implying that everyone should have lovely air-conditioned employment with glide time and wall to wall benefits.

You have fallen for the dogma that the poor workers are hard done by and that's how the evil capitalists get their wealth.

In fact, the main wealth creation is in actual creativity. There needs to be some capital to enable those created things to be designed, produced and made available to hordes.

Great Britain was the leader in the industrial revolution along with common law and other attributes which made them the natural leaders with the ability to spread more than the other European colonial empires who did have some industrial capacity and ability to spread out around the world.

China more pro free market than any other country? For a start, the currency isn't freely tradable. That's hardly "free market".

Yes, it's really bothersome: <Does it bother you they achieve it without millions being killed during the transformation and opening to the world? > It would be much better if hundreds of millions of them would die lingering painful deaths after decades of poverty before the transformation. Boiling in oil would be good. I'd even give up the huge QCOM royalties from all those people for the pleasure of seeing such suffering.

Better than I can imagine? I can imagine really good things. Maybe you didn't read about my Made in China intercontinental and city transport systems. Faster? Do you mean it has already been done? <Oh yes they will have their Oracle, Qualcomms, Microsofts, Boeings faster and better than you can imagine because they not bound like Japanese by the treaties signed at the time when they lost the war and they were not negotiable. >

They have had 60 years of glorious freedom so you'd think things would be phenomenal by now. With none of those Japanese treaties, you'd think they would be far ahead. Imagine having those Japanese treaties - hang on a minute, if those treaties are so bad, how come Japan is so vastly economically advanced?

Mqurice
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