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Displaying (3) Comments | Comment on this piece | Report objectionable art
This is way more helpful than annyihtg else I've looked at.
By: | Oct 08, 2016 | Report Comment
RE: I think this is key to getting out of this cisirs. The problem is that in China you have a worker working for $80 per month. In the US this worker would starve to death. But because currency valuations are so twisted this worker in China can do ok. I don't know China but I know Eastern Europe much better because I was raised there. In 1989 before the communism collapsed people were earning like $15 per month. Wo hoo! But people were able to buy food, rent, maybe save up for a small car etc. But when they would somehow get to Frankfurt they would spend their entire salary just to get a dinner. And there were some crazy prices like it cost 5 cents to travel on a train from Warsaw to Prague. After communism collapsed and they floated the currency the $ started sinking here like crazy. Like I saw it losing 20% of its value per day. So because the prices and currencies are out of whack it creates a situation that China does not consume anything and America consumes everything. To get this straight you need to get the $ to have a realistic value. I am not saying that Chinese worker will earn a US salary but it cannot be 2% of a US salary. At this rate this trade is out of whack. And I understand that China wants to learn how to manufacture things and needs to learn the technologies, get management to learn how to run companies etc. But at this point if I were in the US govt I would consider devaluing the USD. I think there would be some period of adjustment etc. But I would not sweat that Europeans will have higher salaries because as with Chinese workers it only matters what you can buy in the local market. I think Europe would get screwed completely as their industries are dependent on the US. So they would earn a lot just that nobody would be willing to hire anybody there. Rate this comment: 0 0
By: | Sep 27, 2013 | Report Comment
#include <cstdlib>#include <iostream>using namespace std;int main(int argc, char *argv[]){ cout<<" $$$$$$$$" <<endl; cout<<" $$$$$$$$$$" <<endl; cout<<" $$$$$$$$$$$$" <<endl; cout<<" $$ O O $$" <<endl; cout<<" $$ () $$" <<endl; cout<<" $$$ \ / $$$" <<endl; cout<<" $$$ \__/ $$$ " <<endl; cout<<" \______/" <<endl; cout<< " nnn" ; syetsm("PAUSE"); cout<< "nnnnnnnnnnnnnnnnnnnn"; cout<<" #####" <<endl; cout<<" #### _ \ "<<endl; cout<<" ##=-[.].] | \ \| " <<endl; cout<<" #( _\ | ------||" <<endl; cout<<" # __| | |||||||| " <<endl; cout<<" _/ | |||||||| ITS YOU!!! " <<endl; cout<<"-'--'-. | | ____ | " <<endl; cout<<"/ __ ` |__|[o__o]| " <<endl; cout<<"_(____nm_______ /________ "<<endl; syetsm("PAUSE"); return EXIT_SUCCESS;}
By: | Mar 25, 2013 | Report Comment
swirls
yorkpat51 | Region 2
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