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Old 01-02-2011, 10:13 AM posted to rec.gardens
Nad R Nad R is offline
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First recorded activity by GardenBanter: Jan 2011
Posts: 410
Default Way OT, Foreign Aid

Billy wrote:
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.


I agree with that. No sin at all one the Germans part. Sins on the US part
"Stupidity" if that is called a sin?

As a liberal, I do hate term "neo-liberal". However, The government needs
to rein in the free market concept.

--
Enjoy Life... Nad R (Garden in zone 5a Michigan)