THOUGHT FOR THE DAY!

"The United States does not have an automatic call on our resources. There is no mind-set that puts this country first."-- Cyrill Stewert, Chief Financial Officer of Colgate-Palmolive Corporation

 

As factories close, Chinese workers suffer

Wang Denggui, father of three, arrived more than a year ago in the palm-lined streets of this southern Chinese town with a single goal: toil in a factory to save for his children's school tuition.

But the plans of Wang and thousands of co-workers unraveled at noon on Nov. 1, when the Taiwan chairman of their ailing shoe factory climbed over a factory wall to flee the country and his debts. That left several U.S. shoe companies with unfilled orders and 2,000 workers without jobs.

"He just ran without telling anyone," Wang said.

Comments

Lookout below, China.

Don Robertson

I've been saying it for more than a year.

The Chinese people are living in a Fool's Dream.

The Chinese people have been workling their knuckles raw for absolutely nothing.

There is no Chinese miracle. It was all an illusion.

1.5 trillion U.S. dollars and much more will be looted from the Chinese government and Chinese banks and Chinese businesses as communists turn into capitalists in the biggest and most gratifying way, THEFT OF THE CHINESE TREASURY! A THEFT OF THE ENTIRE COUNTRY and well more than a billion living souls...

The Chinese have no guns to protect themselves.

All they will be able to do is wring their hands.

You've seen pictures before of old Chinese women standing in the street wringing their hands.

You will see them again.

The masses will starve.
The masses will starve.
The masses will starve.

Hundreds of millions of the Chinese people will starve.

Sure our government is looting the treasury too.

Millions of Americans will starve too. The agricultural fields will not be planted come spring. Grain will be hoarded. People will starve.

Seed crops will be stolen and eaten, or fed to pigs.

Everyone is adopting the mentality of Hank Paulson and Ben Bernanke. Survival of the fittest is turning into survival of the most successful thieves, and murderers that pillage and steal from their victims.

We will end up welcoming Marshall Law.

It will be far better than calling the local constabulary that will be organized into the roaming, rapacious gangs seeking plunder and booty for themselves.

Those guys...

All governments at every level do the same thing as a Worldwide Economic Depression unfolds its raptorous, rapier-edged, clawed wings.

That is human nature. You are looking at death in the face. And that face, is your face!

The capitalist system which allows EVERY citizen to hoard a pile of cash however large, will shine when the bottom is reached. That is the modest strength of capitalism. The small bit of cash you have hoarded is the only strength capitalism has left.

Guard it well...

What will be left will only be like the shine of a small dime at the bottom of a very deep swimming pool. But there will be a shine.

In China there will be no such shine at all.

There will be mountains of corpses instead, tragedy, misery, barbarism, infanticide and cannibalism.

The Chinese shine is gone.

The small shine they built over the last dozen years is going to flee the country, stolen and packed into many thousands of suitcases being stuffed full of cash and Federal Reserve Banknotes right now.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.