Todays question of the day has to deal with China. They have the fastest growing economy and population and throughout a day you would be very hard pressed to not use an item that was made in China. The larger their economy becomes the larger their global influence becomes to the point where we might some day all have to learn Chinese in school. Last night while enjoying some alcoholic beverages some extremely intellectual conversations came up and one of the major ones that was of particular interest was how to enable the Western World economies to overtake the Chinese one.
So todays question of the day is what would you do to get the North American economies back on top?
9 comments:
Cant compete with the low costs in China, nothing to do but bend over and take it
The European Union is the strongest economical power on earth ;)don't worry we'll take care of the Chinesee and besides it won't last the working conditions in China are really bad the workers won't put up with it for long you can be sure of it!
i for one welcome our new overlords
There's no way that you can ever beat China because the Eastern world sees us as uncivilised, and they're right. They're so well set up that they have towns based entirely on making one product for the rest of the world. It's unbeatable.
Well I think that our governments in the West have to get over themselves. All politicians are good at is spending money and making sure they're own personal interests are served. Of course its always got a cover story that its "for the Country". Politicians don't serve the majority of peoples interests. They are deceivers and this is why the economy is in the state that it is. People with ridiculous amounts of money are able to do as they please.
We need to buy more American products, which would lead to more American jobs. As part of this people need to get away from the thinking that cheap is good. In China American products are highly sought after, and are though to be of higher quality than Chinese products. Americans need to pick up on this thinking.
One thing that is incredibly scary is that the Chinese possess most of America's secret information.
Yeah...because we sold it to them. (secrets)
I would encourage the transition to a more service based economy. Build infrastructure, educate the populace. China can manufacture, that's fine. But let's become the world leaders in service: consulting, legal services, business management, finance, etc.
What the united states need is 2 currencies.
1 for Homeland another for foreign.
This system will be better because in case the dollar dies out in the world, we have our own home currency to live up to. and Vice Versa.
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