Are they cheaper? People work 2-3 jobs, live off credit cards. re-finance their homes to buy ''cheap goods from China''!Originally Posted by Vladi
Are they not to mask the fact that real wages have decreased, American's standard of living has been lowered, and in the case of Greece and other countries no real industry besides Tourism exist? Double digit unemployement might stay the same for years to come.
The more I find out about the 'subprime mortages' and how they were the basis for a false economy and that we, in the western, don't have an ecomonic base that gives neal full employment or a tax base that allows us to have Public Servixes that are much needed; makes me realises we have really been shaking hands with the Anti-Christ. Whomever is running the show doesn't care about society, just what it can obtain from it.
The Bankers on Wall St., The City, and The Custom House, didn't care that engaging in a fake housing boom would ruin people's lives for the sole reason of making financial instruments that could be sold to investors. Eveywhere you go people ask, ''where's the jobs?'' For some reason, 'the powers that be'' don't want manufactoring in likes of Europe or America-just India, China and Third-world countries, maybe so they can control and manipulate the 'Markets' for the 'Investors'
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