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Posted

Thought i would create this thread to get some opinions of what people think about this.

here is the article i read:

Globe and Mail

I imagine there will be a lot of worry for manufacturing jobs since labor is so cheap there, but the potential for resource deals exists. Also i think it is important that our financial firms are able to get into that market as soon as possible to reap the rewards.

another article i read a while back said that india has a GDP growth rate of 8-9 % and that their financial system was far deeper than chinas.

An appeaser is one who feeds a crocodile, hoping it will eat him last -- WSC

Posted

Exactly, if China likes to play hardball, lets take our business elsewhere, India has a billion people, investing in there will create another Ireland, another market for our products, making us richer. I'd even suggest our government set up crown corporations to invest in there. We need to get some Canadian owned companies investing to send money over here and help out our economy.

"Stop the Madness!!!" - Kevin O'Leary

"Money is the ultimate scorecard of life!". - Kevin O'Leary

Economic Left/Right: 4.00

Social Libertarian/Authoritarian: -0.77

Posted

Free trade works to create cheap labour markets, concentrate power and take it away from elected governments. If the governments want low unemployment and a tax base they must follow orders of the corporations and ultimately banks or else the corps just go elsewhere for labour.

The purpose of free trade is to give corporations more power, they pick the politicians that we elect by their support.

Everyone loses except the investment class in free trade, that is why the gap between the rich and poor is growing.

Support the troops. Bring them home. Let the bankers fight their own wars. www.infowars.com

Watch 911 Mysteries at http://video.google.com/videoplay?docid=-8172271955308136871

"By the time the people wake up to see the bars around them, the door will have already slammed shut."

Texx Mars

Posted
Free trade works to create cheap labour markets, concentrate power and take it away from elected governments. If the governments want low unemployment and a tax base they must follow orders of the corporations and ultimately banks or else the corps just go elsewhere for labour.

The purpose of free trade is to give corporations more power, they pick the politicians that we elect by their support.

Everyone loses except the investment class in free trade, that is why the gap between the rich and poor is growing.

Is it really a loss if all people in the country can aquire goods at cheaper prices thanks to the cheaper production?

An appeaser is one who feeds a crocodile, hoping it will eat him last -- WSC

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