Thread: Stolen honor.
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Eisboch Eisboch is offline
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First recorded activity by BoatBanter: Jul 2006
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Default Stolen honor.


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On Fri, 23 Nov 2007 07:49:47 -0500, Eisboch wrote:



If you really get down to it, it's not the environmentalists nor the
capitalists. It's the consumer ... looking for the lowest prices for
products and the highest return on their stock market investments.

Eisboch


Ultimately, yes, but it seems to me quite shortsighted. We are still the
world's marketplace, but how long can that last, when all the jobs are
overseas? I still don't understand, how all those dollar a day workers,
are going to buy our products.



They won't .... at least not for many, many years.

I visited China back in the mid-80' when the Chinese economic/industrial
revolution was still an "experiment" in some remote providences. These
experiments were sanctioned and controlled by the Chinese government but
hidden from major population centers to keep the concept of "capitalism"
under control. Representatives of companies from foreign countries -
particularly those involved in "high tech" were invited to participate and
somehow I was invited.

It quickly became very clear that there was little or no interest in
acquiring technology for products intended for internal consumption within
China. They were more interested in developing external markets for
products produced with equipment supplied by others, primarily the USA,
Canada, Great Britain and, to a degree, Germany. They wanted the technology
but also wanted "joint venture" agreements whereby the company supplying the
equipment would also set up distribution for the products in these high
consumer demand countries.

Eisboch