longweekend58 wrote on Nov 30
th, 2016 at 9:39am:
NorthOfNorth wrote on Nov 30
th, 2016 at 9:28am:
longweekend58 wrote on Nov 30
th, 2016 at 9:23am:
Nothing to fear about the Chinese on the economic front. Why is America the leading economy in the world? It doesnt have the biggest population. What it does have is INNOVATION. How many new technologies come from anywhere BUT USA? very few. Economic leadership is founding on innovation and hard-work. What was the last genuine technological innovation the Chinese made? FIREWORKS.
But then again there's all those cheaply manufactured goods like:
textiles and electronic equipment, including toys, DVD players, mobile phones, shoes, clothes, food products, sea food, body jewellery, kitchen wares, etc. 50% of cameras, 30% of air conditioners and televisions, 25% of washing machines, and 20% of refrigerators.
Then there's agricultural products and chemicals, half of the world's cement and flat glass, and about a third of its aluminium.
In 2006, China overtook Japan as the second-largest producer of cars and trucks after the United States. Out of the world's five busiest ports in the world, three are in China.
And not one of them were invented by the CHinese and a vast majority of them are counterfeits of western products. My point is that they dont represent a genuine economic threat while they fail to innovate. There is one chinese car that is 100% identical to an american one. Others are merely 98% identical.
True, up to a point.
American "creators' still dominate.
Venture capitalism is alive and well in silicon valley.
But these are global companies and just because Apple, Google, Facebook, Intel , Disney and HBO are world leaders , doesnt mean the money flows back to the american population.
A few americans will climb the "narrow road to success" and follow in Steve Jobs footsteps. But a lot are like our citizens...stuck in a durrrr state, watching endless episodes of "american idol" and living off the borrowed dime, they arent really bringing any value to the table.
Sadly for them, they will be treated like a piece of garbage. i hate to break it to people, this harsh reality of the global economy.
You can be a nice person, a good neighbour, a valubale member of your kids school community, a valuable member of the church.
But if you dont bring value to the marketplace, you are just garbage, your financial situation is about to become garbage and whining to a politician to fix it is foolish.
Dont ask that this was easier, ask that you were better