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"The U.S. has fallen behind emerging markets in Brazil, China and India as the preferred place to invest, a Bloomberg survey shows, though the world’s largest economy still ranks highest of all major developed countries."
"The U.S. has fallen behind emerging markets in Brazil, China and India as the preferred place to invest, a Bloomberg survey shows, though the world’s largest economy still ranks highest of all major developed countries."
Just another sign that this country is slipping in the game of global competitiveness. We've got a small window of time to get our *** together and start turning things around. The longer we take to address our issues the more time and money it will take to turn things around.
I started investing in China since the recession started... I stopped putting money in the US... good thing I did... while my US investments are negative in value... my chinese stocks are all positive in value...
Thanks to three Decades of Conservative ideology saying we need to "deregulate" every industry including the financial markets. ( You know because government can't do anything right) We now have a financial system and markets the World trusts far far less. They are looking to the EU for safety now.
You know all those "socialists" and their silly, effective rules on fraud.
Last edited by padcrasher; 09-21-2010 at 08:28 PM..
Thanks to three Decades of Conservative ideology saying we need to "deregulate" every industry including the financial markets. ( You know because government can't do anything right) We now have a financial system and markets the World trust far far less. They are looking to the EU for safety now.
You know all those "socialists" and their silly, effective rules on fraud.
You mean like heavily DEREGULATED China and how it blows away the competition?
The downgrading of USA is a result created by many factors,
one of which is indeed the anti-business attitude of the "progressives",
who unfortunately have taken over the Dems,
demolishing the "New /DLC Dems"...
For instance,who will invest in a fund for...offshore oil drilling in USA ..?
The US companies owners are not patriot enough to invest in the USA. Once their companies are succesful, they move the manufacturing and administrative jobs overseas in order to cut expenses (greedy Basterds) leaving thousands of us nationals unemployed. For example: Just give a call to Dell's customer service; an Indian (India) guy named "Mike" or "John" will respond your call.
Take a look at the back side of your Ipod/Iphone
"Made in China and Designed by Apple in California"
lol... thousands of Jobs for the chinese and a few jobs for the exclusive californian group of engineers that designed the Ipod.
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