HistoryBuff44 Posted March 12, 2007 Report Posted March 12, 2007 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. Quote An appeaser is one who feeds a crocodile, hoping it will eat him last -- WSC
geoffrey Posted March 13, 2007 Report Posted March 13, 2007 Let's pour investment into India and open up trade. The worlds largest democracy. How can we turn our backs on the opportunity? Quote RealRisk.ca - (Latest Post: Prosecutors have no "Skin in the Game") --
blueblood Posted March 13, 2007 Report Posted March 13, 2007 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. Quote "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
geoffrey Posted March 13, 2007 Report Posted March 13, 2007 Cheap labour, cheap consumer goods, a market for our resources and highly skilled services. And a much easier to deal with partner than China. Quote RealRisk.ca - (Latest Post: Prosecutors have no "Skin in the Game") --
PolyNewbie Posted March 13, 2007 Report Posted March 13, 2007 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. Quote 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
HistoryBuff44 Posted March 13, 2007 Author Report Posted March 13, 2007 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? Quote An appeaser is one who feeds a crocodile, hoping it will eat him last -- WSC
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