Goodbye American Production (and Maybe Innovation, Too)

Discussion in 'Economics' started by ByLoSellHi, Dec 24, 2006.

  1. Do you even understand what free markets are? Do you even know what happens in a true free market? The free market condition lasts for a little bit until a monopoly is entreched. After that, it's not exactly free market, at least not with the standard definition of the word "free". Free markets have almost nothing to do with currency games which are so heavily manipulated by governments, it's not even funny. To claim that free markets finally pushed the last few currency crises is a complete oxymoron.

    I like economics, but at least I know how to separate the theory from real life. Most of their financial concepts are isolated phenomenons that never last or can only occur on a small scale.

    You guys can theorize all you want, but until you have been in the game where the decisions to offshore are done and the processes executed, you simply won't know Jack. Just understand one thing, big business is running the show, not China, India, or U.S. Big business has no loyalty to anything except its goal to grow profits at any expense.
     
    #41     Dec 28, 2006