SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (37568)7/22/1999 4:30:00 PM
From: Jim S  Respond to of 117029
 
You're right -- it IS up to the companies (and their governments) whether to take advantage of the cheap labor or not. And if the only way to get to use that labor is to give away or sell what we should keep, then we don't do business. We lose some incremental profit, and the Chinese people remain poor. Lucky for us, we still have the rest of SEA, Latin America, Russia, and parts of Africa as our potential labor pool.

Who do you have?

jim



To: RealMuLan who wrote (37568)7/22/1999 4:30:00 PM
From: Bobby Yellin  Read Replies (1) | Respond to of 117029
 
looks as if we are closing the circle again..
if Jim's wife had taken his money and bought a lot of stuff from China and then sold it to people here for a lot more money and gave back Jim his money plus even more money, I wonder if Jim would have kept his wife..even if Jim's wife took advantage of children and women..ie supposedly Nike in Indonesia..and even if Jim's wife caused a lot of poor people in this country not to have other companies in this country hire them because cost of living to high here for those people to survive on what the people in China etc were getting paid..and thus not be able to compete with Jim's wife and instead either go out of business or look for other countries to get cheap labor and parts..
(I used to be friendly with a fellow from Puerto Rico years ago who
told me that a shoe company used to have the shoes made in Puerto rico
and then exported them back but because of duty etc they were way too
expensive for the average Puerto rican..
Anyways that is why I wonder if part of the trade deficit is not what it appears to be
is that triage..



To: RealMuLan who wrote (37568)7/22/1999 4:31:00 PM
From: Bobby Yellin  Read Replies (2) | Respond to of 117029
 
Except for the American Indians, everybody in this country is an immigrant and if you want to go further, everybody on the planet is a newly arrived immigrant visiting for a flash if you look in terms of eternity..but gold is a different story :-)