View Single Post
  #28   Report Post  
Old 01-02-2011, 05:46 AM posted to rec.gardens
Billy[_10_] Billy[_10_] is offline
external usenet poster
 
First recorded activity by GardenBanter: Mar 2010
Posts: 2,438
Default Way OT, Foreign Aid

In article ,
Nad R wrote:

Bud wrote:
Do you know why there are no Wal*Mart stores in Germany? Of course you
don't. Do you know why Gernany does not want to bail out the countries of
Spain, Ireland and Greece? I'll let you in on a little secret, they have
strict banking laws and labor laws.

Some of you need to take economics 101. A little world history reading
would help too.


They also have strict trade laws. Free trade with them is a one way street.


And that is the problem of neo-liberal economics. No developing country
can compete with the resources of an established industrial country,
which will buy up the resources of a developing country, and incentivize
old technology and cheap wages.

Germany also has the 4th largest economy in the world, and they didn't
send their jobs over seas.

Tell us wherein their sin lies. They encourage exports and don't
encourage imports? At least they have something to export besides
weapons.
--
- Billy
"When you give food to the poor, they call you a saint. When you ask why the poor have no food, they call you a communist."
-Archbishop Helder Camara
http://peace.mennolink.org/articles/...acegroups.html
http://english.aljazeera.net/indepth...130964689.html