Indians embracing globalisation, West low on enthusiasm

[OhioChick]

Source: Zee News India

Silicon Valley, Oct 05: Indians and the Chinese have embraced economic globalisation, but the enthusiasm for free market economies and global commerce is waning in the west, especially in the United States, according to new poll released today.

While 89% of Indians and 91% of Chinese support foreign trade, the figure is only 59% in the world`s largest economy, the US, the pew global attitudes survey of more than 45,000 people in 47 countries has found.

While in the two Asian giants the public support for foreign trade has remained almost same since 2002, in America it has seen a sharp decline since 2002, when 78% believed it was having a positive impact.

Interestingly, when it comes to views about multinational corporations the two rapidly expanding Asian economies of China and India are experiencing different trends.


Read more: http://www.zeenews.com/articles.asp?aid=399152&ssid=51&ssname=World&sid=BUS&sname=LATEST-BUSINESS-NEWS

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Wonder why? :sarcasm:

[The2ndWheel]

1. We don't get to have everything

Want easy travel and global communication? You're going to get globalization. If you get globalization, there will be a price to pay. If you don't get globalization, there will be a price to pay. Whatever reality we create will never be perfect, it won't be fair.

[PassingFair]

2. All we want is to keep our houses.

Seems like a modest enough reality to "create" don't you think?

[The2ndWheel]

4. Obviously it isn't

Because everyone had to have everything(people had to own their home as quickly as possible, people/corporations had to sell the homes that were built and built and built any way they could), we're now watching that everyone can't keep their houses. We print money out of the clear blue sky. Everyone has to go to college(which decreases the value of that degree, although not the cost). The list can go on.

If everyone built their own home, then it would be easier to keep it. The price there would be that it would probably be much smaller, and much more practical, and it probably wouldn't have all the latest stuff. The plus side would be that you wouldn't have to pay for it over your entire working life(might not even have to work to make someone else rich). You wouldn't be caught up in the ARM problems either. However, that isn't the reality that most seem to want to live in, so, we take the good with the bad of what we have.

[PassingFair]

6. The VAST majority of the people I know did NOT over extend themselves.

I know I did not.

It doesn't matter though. Whether your house is on stilts or not, when the tsunami comes,
they are ALL washed off the beach. It doesn't matter whether your mortgage is an ARM or
not, if you lose your job, the house goes. If your union wage goes, your house goes.
If you lose your health benefits, and someone gets sick, you're screwed. Period.

We don't get to pick "the reality that most seem to want to live in".

That's the funny thing about "reality", you know. It just IS.

[Lost4words]

7. I have read your posts before, and you are chock full of it!

You say repeatedly, We have a problem because everybody wants everything, no the wealthy want everything, and are willing to destroy previously productive families to get it.

GET IT!

Stop blaming the ones who had no say in this situation, stop blaming the victims.

[Tandalayo_Scheisskopf]

3. Easy travel?

Where? The maladministration is doing everything it can to make travel, both in and outside of the US just as hard as they can get away with, slowly torquing down the rules and not addressing the issues with air travel. And it ain't no coinky-dink.

[The2ndWheel]

5. I'm talking about the big picture, not the last few years

But I do think you're onto a good point. Although I don't see the easy travel being shut down(unless cheap energy ain't as cheap anymore), but in our world of total information, you'll have to submit more of yourself into various databases. If you don't, you won't be going here or there. If you do, then you're free to go. That's the price you pay.

More than people, it's the money/capital that travels easily. It's not as if the airplane was invented for the rabble to be able to visit the world over. It was made for business interests. Why do we get to use it? It makes the companies an extra buck. We're all just cogs in the corporate state, and we did it to ourselves.

[Megahurtz]

8. Globalisation Apparently

good for them, BAD for us. We get the shitty end of the deal.

I'm definitely not enthusiastic.