Quote:
Originally Posted by tony404
No matter what the pundits say you cant have 3 million new people out of work. Also these people buy memberships. This economy goes into a depression news, we will be going down the toilet with everyone else. You dont need a internet connection to live.
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And that was what no one understood as they were shipping factories, jobs and industry to a back water where they could pay the worked 20% what US workers earned. What they did not realise was if you keep shipping factories, jobs and industry you also export wealth. In the end you end up with a country that thinks it's the top dog but has to lend money in trillions to keep it afloat.
Part of the problem is the US thinks it's bigger than it is. If it was as big as some thought it would not be in the debt it's in.