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Currency Manipulation and Steve Jobs ............ ? [Copy link] 中文

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Post time 2011-10-6 22:38:51 |Display all floors
Naturally it is very sad that an extraordinarily clever person such as Steve Jobs passed away at just 56 years-old .........

However, I did notice that the US government is looking to implement bills concerning the alleged currency manipulation by China ........

What the US seems to forget is that people like Steve Jobs are at the very core of the problem .........

The US company Apple manufactures ipod phones in China for about $6.00 and sells them in the US for about $300.00 ...........

So you have to ask the important question which is, "Why not make these phones in the US at say $40.00 and make just $34.00 less to still make a large profit, but keep the US economy moving" .........

And the answer is pure greed .........

Or the manipulation of the US economy to the disadvantage of its workers  ...................

Additionally, the US is already moving manufacture from China to Vietnam ........

Not because the people there get more money, but rather less ...........

Greed ...........

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Post time 2011-10-6 22:51:54 |Display all floors
Excellent point.

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Post time 2011-10-6 22:52:58 |Display all floors
I agree, excellent point.

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Post time 2011-10-6 23:01:48 |Display all floors
I feel sorry for Chinese workers who work so hard for so little money.

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Post time 2011-10-6 23:06:45 |Display all floors

Reply #1 expatter's post

somebody heard you and have come up with this article / video.

Behind the Great Wall, China Is Heading for a Hard Landing: Katsenelson


hahahahahahaha


http://finance.yahoo.com/blogs/b ... p;asset=&ccode=

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Post time 2011-10-6 23:07:26 |Display all floors
finance.yahoo.com/blogs/breakout/behind-great-wall-china-heading-hard-landing-katsenelson-132515359.html%20?sec=topStories&pos=9&asset=&ccode=

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Post time 2011-10-6 23:09:29 |Display all floors
Originally posted by NE_Tigress at 2011-10-6 23:01
I feel sorry for Chinese workers who work so hard for so little money.
   .............................................................


I agree .............

But many people in China see 1,200 RMB a month as a step forward against tilling fields and gathering harvests in a village  ..........

I also believe those people see this as a chance to make their whole family become better-off by moving to a city  .............  

Food vending, rubbish collecting, etc ...........

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