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

To: Maurice Winn who wrote (72483)	2/12/2010 5:48:59 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

Hogging profits? Bad! Chinese stop profit hogging and show winning strategy! Message 26316097 Profits is not the objective of a company. Staying alive in the long term and creating worldwide good is! Giving cushy jobs to employees is not the objective of a company either! Just see the oECD debacle: GM, Chrysler and Ford and all those defunct British car makers. Swedish are dicovering that too, just now...

To: Maurice Winn who wrote (72483)	2/12/2010 6:58:38 AM
From: alanrs	Read Replies (1) \| Respond to of 74559

My impression of China from afar and formed only from seeing the random picture is that it is a mass of contradictions. That building that fell over is a perfect example. The building itself was well made or it couldn't have survived the fall intact and yet the pylons/footings/foundation were apparently missing a lot of rebar or did not exist at all. I've seen pictures of barefoot guys running around on bamboo scaffolding which impressed me in terms of physical skill and toughness but I have to wonder about the injury rate. No big deal I'm sure, workmans comp probably not existing and 8,000 guys right behind you if you carry your toes home in a bag. ARS