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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (20668)7/1/2002 7:21:48 PM
From: marek_wojna  Read Replies (1) | Respond to of 74559
 
Hi, Maurice

My words "China as manufacturing monster" cannot be translated as something offensive toward Chinese people. Simply by visiting stores in Canada, US, Germany, Poland, Czech Rep, Russia you'll find out that the the numbers of products from China is growing in astronomical proportions.
Thats mean they are good in what they doing, because their prices must meet the competition from other countries where the cost of labour is at similar level. Nothing wrong with that. Let the others compete. And here starts the problem - US will kill the free trade the very moment they realize they are about to lose. Look at garlic from China - there is 386% duty on the product which in China is produced with very intensive human labour, in the US on the state of the art farms in best possible climate in the world. Still Californians cannot compete. Case of the softwood lumber from Canada, steel from around the world. The WTO soon will be replaced by ECFI.

As for technology....

<<Those 6 billion are wanting their lives to be better. The gloom and doomsters and environmental wackoes think that 6 billion people is too many people. But very few of those people feel that they are surplus to requirements though they wouldn't mind some of the others being ditched.>>

Most of these people cannot solve their problems by having computers, or cellphones. What they really need is higher commodity prices, less corrupt politicians, power to impose same tariffs as US to stimulate regional production without fear of all kinds of sanctions by the mighty ones.