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


To: RealMuLan who wrote (49511)5/6/2004 5:40:48 AM
From: Maurice Winn  Read Replies (2) | Respond to of 74559
 
<one more thing, 90%+ of the Chinese come to the US, NOT because of the so-called political freedom, but because of economic reason, because of lower population density, because of much less competition! >

Yiwu, the reason you go there for economic purposes, that is, to get money, is because of the political freedom, which is so-called, but political freedom is about the best word to describe it, because political freedom is what it is. The political freedom is what creates the economic value.

There isn't less competition in the USA, there's a higher opportunity cost for employment, meaning people who would get very little pay for the same job in China, get a lot of pay in the USA. A rich country with political freedom pays people a lot, no matter what job they have.

Mqurice