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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (65679)7/9/2006 3:46:12 PM
From: C.N.S.  Read Replies (1) | Respond to of 110194
 
I understand that the situation is unpleasant.

But are you saying that there are no Chinese to blame at all for this ? Even the company management who are not even taking the risk of balancing their cash flows while paying stupendously low salaries (if what you are saying is true - that the salaries are held back till full payment on the invoices ?)

Is there a law in China that prevents Chinese factories from declining such contracts from US companies ?

Or are you saying that US companies stipulate in their contracts that workers should work for 12 hours but be paid for 8 and that their salaries be held back till full payment of invoices ?



To: RealMuLan who wrote (65679)7/9/2006 5:05:13 PM
From: Gib Bogle  Read Replies (1) | Respond to of 110194
 
How can the added option of a job, however unattractive, make someone worse off? Basic economics (actually basic common sense) says that extra options can at worst leave your situation unchanged. Or are you saying that people are forced to take these jobs?



To: RealMuLan who wrote (65679)7/10/2006 1:56:45 AM
From: mishedlo  Read Replies (2) | Respond to of 110194
 
Those are indeed the jobs I am talking about.

Please talk to GST for me.

He does not get it.

Mish