Thanks to Offshoring, China's economy has grown 10% at the expense of OUR ECONOMY

[unregistered]

 

[Gringao]

I don't approve of the human rights issues in China.. or the beating of the environment required to make progress.. but I do believe economic progress will change these very things that are fueling it for the good and I do hold 1.3 billion people's lives and quality of life as being higher than both mine and 60 million other's.

Word.

 

[Shagly]

See what happens when someone teaches capitalism.

 

[landslider2000]

The present employment rate in the US is a hair under 5, which most economists think tantamount to full employment.

In many parts of Europe, unemployment runs double what it is in the U.S.

 

[Le Jacquelope]

Nope, I'm far from the only person who attributes that to China, dumbass.

Now continue to tell us about our "Growing" economy even though underemployment (read carefully, dumbass) is swelling and we are becoming no longer capable of manufacturing our own goods.

You still haven't answered the question of what will happen if China calls in our debt, or if China decides to form its own companies to compete against us using our factory technology we've given them. You still haven't looked up Cisco and Huawei or Chevrolet and Cherry Corporation to see the answer.

You really need to put down your Fox News Notes and finish up your GED. You don't really have any argument that can defend 'free trade' here. And you look like a complete and total retard claiming that the trade deficit is not a problem.

 

[Le Jacquelope]

Word.

So you'd rather your family starve to feed someone else's?

No wonder you believe it's constitutional or even just to tax America to provide welfare for other nations.

 

[Ham Murabi]

The growth of our economy is not relevant to the well being of job holders and seekers.

Jobless recovery, anyone?

Jobless? The unemployment rate in Las Vegas is 3.8 percent. At a rate that low, I suspect there are more jobs than people in one of the fastest-growing cities in the country.

 

[Le Jacquelope]

The present employment rate in the US is a hair under 5, which most economists think tantamount to full employment.

In many parts of Europe, unemployment runs double what it is in the U.S.

Wrong, wrong, wrong again. You've said this several times and it has been refuted several times. Europe's unemployment appears to run double what it is in the US because it is measured by a different standard, and that standard marks US unemployment at 9%.

 

[Gringao]

So you'd rather your family starve to feed someone else's?

No wonder you believe it's constitutional or even just to tax America to provide welfare for other nations.

Yeah, the only possible options here are starving Americans or starving Chinese. The only ones. For vacuum-brained, zero-sum idiots like you, at least.

 

[Shagly]

So when does the U.S. outsource our weapons production to Communist China for lower costs?

 

[Gringao]

Wrong, wrong, wrong again. You've said this several times and it has been refuted several times. Europe's unemployment appears to run double what it is in the US because it is measured by a different standard, and that standard marks US unemployment at 9%.

And, of course, not taking into account a bloated government sector that allows dead weight to be parked in dead-end, do-nothing bureaucratic jobs.

Europe is DOA, baby.

 

[Le Jacquelope]

Jobless? The unemployment rate in Las Vegas is 3.8 percent. At a rate that low, I suspect there are more jobs than people in one of the fastest-growing cities in the country.

That's been debunked long ago. The unemployment rate doesn't include people who've given up. Nor does it include all the engineers now working at Mickey D's. Of course, you can refute me by pointing out all the street walkers in LV that aren't counted.

Why do you keep spouting this obsolete bullshit?

And I wouldn't want a job in Las Vegas for anything in the world. Those waiter, bus boy and janitor jobs all belong to casinos run by the fucking mob. Now if you're a has-been singer, then it's all good. Or Perhaps in your fantasy world the entire population will try to become nurses and teachers or something...

 

[Ham Murabi]

Wrong, wrong, wrong again. You've said this several times and it has been refuted several times. Europe's unemployment appears to run double what it is in the US because it is measured by a different standard, and that standard marks US unemployment at 9%.

Quite possibly you're the only person here who believes that.

 

[Gringao]

Quite possibly you're the only person here who believes that.

I'm pretty sure LT's Kiwi doppelganger, Woody, believes it too. Then again, Woody believes there's a concentration camp in Alaska ready to take in 2 million American liberals deported by Chimpy Katrinaburton.

 

[Ham Murabi]

That's been debunked long ago. The unemployment rate doesn't include people who've given up. Nor does it include all the engineers now working at Mickey D's. Of course, you can refute me by pointing out all the street walkers in LV that aren't counted.

Why do you keep spouting this obsolete bullshit?

And I wouldn't want a job in Las Vegas for anything in the world. Those waiter, bus boy and janitor jobs all belong to casinos run by the fucking mob. Now if you're a has-been singer, then it's all good. Or Perhaps in your fantasy world the entire population will try to become nurses and teachers or something...

Debunked? It is a fact Las Vegas has an unemployment rate of 3.8 percent. It is a fact Las Vegas is one of the fastest, if not fastest growing, cities in the country.
I hate to break the news to you, but people aren't flocking to Las Vegas in order to work for minimum wage.
You answer facts with folklore about engineers working at McDonald's - you know, obsolete bullshit.
You lose - again.

 

[Gringao]

I'm an engineer, and I'm not working at Mickey D's...maybe LT is speaking from personal experience (though he's no engineer).

 

[unregistered]

 

[Gringao]

LT has the economic beliefs of a government employee. He doesn't know a single wit about free enterprise.

He claims to work in IT. I'm betting he empties the recycling baskets at night.

 

[unregistered]

 

[Ham Murabi]

He claims to work in IT. I'm betting he empties the recycling baskets at night.

So LT really is an engineer - sanitation engineer.

 

[Slowlane]

LT has the economic beliefs of a government employee. He doesn't know a single wit about free enterprise.

It looks like you have it figured out.

LT knows nothing about business in general.

 

[Slowlane]

So LT really is an engineer - sanitation engineer.

He’s in the same home with Woody.

 

[unregistered]

 

[Slowlane]

Well, I'm not sure but it seems to fit. I've been in business for many years and know a fair amount about it, but I'm not fooled by government economics or chicken littles like LT.

I have owned my own business for nearly twenty years. I’ve had a few of these conversations with LT before. It’s a dead end, he knows nothing and doesn’t want to learn. He gets sucked in by the propaganda.

 

[~hellbaby~]

Here's one you may like....

International Bankers Invading China?
By: Patrick Wood on Sep 27, 2005
The four largest state-owned banks in China are the Industrial and Commercial Bank of China (ICBC), Bank of China, Agricultural Bank of China and China Construction Bank. ICBC was founded on January 1, 1984 and currently has over 24,000 mainland plus 70 overseas branches.
On August 3, a $3 billion investment secured a 10% equity stake in ICBC for American Express, Goldman Sachs and Allianz, a large German insurer.
Expanding on its $2.5 billion investment in June, Bank of America hopes to up it's ownership of China Construction Bank (CCB) to the 19.9% limit imposed by the Chinese government.
Also in August, a consortium consisting of the Royal Bank of Scotland, Merrill Lynch and a private Hong Kong billionaire, bought 10% of China's second-biggest lender, Bank of China (BoC), which said it intends to sell another 10% to Temasek for an additional $3.1 billion.
So, in the short space of three months, three of China's largest banks have major western ownership. This is nothing short of a stampede. According to The Economist*, "all three banks are now on course for listings on foreign stock exchanges: CCB will probably go this year, BoC in the spring of 2006 and ICBC in 2007." Watch for Merrill Lynch and Goldman Sachs to take lead positions with these new public stock offerings. These global bankers are now officially "in bed" with a Communist state government -- all three of these banks are state-owned! How is the working relationship between "western" bankers and hardliner communist dictators? Apparently neither sees any conflict of ideology or interest.
China would like to bury the United States, and has stated so on many occasions. After being flooded with western technology (much of it stolen through espionage), they are now flooded with western capital. Considering the influence and lobby power that companies like American Express, BofA and Goldman Sachs have with the U.S. government, what American citizen would have trouble seeing the conflict of both ideology and interest?​

I'm not too sure who bought who with that Merril deal though, because they are listed in the SEC as being under Hong Kong's control.