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

To: RealMuLan who wrote (59506)	1/27/2005 2:35:07 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

The cake gets bigger before getting cut. All countries developed under wealth-creating regime. All countries need robber barons to get rich. Once they get rich the robber barons get thier names in universities and become heroes.

To: RealMuLan who wrote (59506)	2/3/2005 12:14:58 AM
From: LKO	Read Replies (1) \| Respond to of 74559

Late response, but can't help wondering about some provocative ideas here. From 2005, China will have a total trade deficit, what being rich by exporting? China now is buying expensive (raw materials) and selling cheap. It cannot go on much longer! And many sweatshops in Guangdong/Fujian get a net profit of 0.5% (half penny on a dollar!). You call that rich, elmat? Why not increase the price ? Is someone forcing them to sell cheap ? Europeans and the US got rich because of the colonization and WWI and WWII, and now they will keep getting rich by re-enforcing their IP right. That explains it all <G>. How does it work in China for people who produce intellectual property ? (software, movies, books etc). Is it legal for anyone to copy the Chinese intellecture property products and sell it in the stores ? Just wondering...