Reasons why China has experienced such economic growth over the last 20 years

Posted by admin Friday, January 28, 2011 0 komentar

It should really come as no surprise why China has become such an economic power in the last 20 years, while the United States in the world economic food chain slip has continued. We have it for you.

In the last 20 + years the same people who brought us banks, foreclosures and Government bankruptcy could tells us "Free trade" was the only thing we could embrace in a global economy, and there was to avoid unable to a global economy.

Economy is the best to say an inexact science. Two any known and respected economists can be specified to check the exact matches and come to conclusions that are exact opposites of the spectrum. I'm no economist, but what I'm on the topic always got void little education seemed the human factor. Always assumed the hypothesis would make the right decisions, not self - serving decisions.

Economics took not the X factor of greed among people responsible for that… not greedy. China sold the United States after politicians and corporate leaders of America, the pillars of society, in exchange for massive gains, even on crowded at the expense of the American people.

Pretty inflammatory allegations, if I say so me, but not without facts, to substantiate the claims.
For example, America began pushing to sell scrap metal to China and Japan by the billions of tonnes for pennies on the dollar of its actual value with the U.S. Government. This single action led to the loss of tens of thousands of well-paying American jobs. How?

Recycling scrap metal, you bought the Chinese for pennies and resold it to America for tens of millions US dollars, which destroyed the Americans, the recycling business and the American steel industry. Thousands and thousands of jobs lost.

Then the Chinese and Japanese use the cheap scrap metal to produce cars and trucks, which were cheaper than American cars much, made because they were made of steel steel left the few remaining American manufacturers produced. Tens of thousands of additional jobs lost in the automotive industry.

Another example of global fair trade by our Government implemented, rates involved. The American public had committed air of the treachery against the steel and auto industry that began, stirring the rumbling of discontent, but if it was, a vehicle blew made the Oriental basin imposed tariffs on American cars from $500 to $1000 a fare is revealed a tax that the country relies on imports for that it, while America imposed "No" are sold in the country tariffs and the pressure cooker just.

Sensing a tension set questions, the American Government a high tariff on finished imported collection, which in the United States from the Oriental basin for sale brought. Leveled the playing field for American workers and were quite vocal in letting the media know and spread the word.

Here is the only issue, not to mention you. Tariffs imposed by the Chinese and Japanese vehicles stopped vehicles. Foreign auto industry simply not install the seats in vehicles to American customs cleared, so there was no tariff imposed.

If questions about why an economic power house in China has become in the last 20 years, ask to China to explain it. Look in your own backyard to American business and Government for the answers, did it.

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