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Reply #32: The seeds of such a collapse are built right into our system which [View All]

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KlatooBNikto Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-28-05 09:01 AM
Response to Reply #29
32. The seeds of such a collapse are built right into our system which
cannot continue without maximization of profits either by increasing its markets or cutting its costs.I think the outsourcing phenomenon into China and India accomplishes both. Cheaper labor combined with huge markets are the lure, but it could become the thin end of the wedge. Already Chinese corporations are hunting for game in the West through an acquisistion binge. An Indian corporation, Mittal Steel, is now the largest producer of steel in the world through acquisition of many steel companies all over the world. You may very well see both India, China and Brazil form joint ventures in armament technologies including advanced figher aircraft breaking our monopolies in these markets.The Britain based missile makes BAe Systems has now contracted with Bharat Dynamics a big player in the defense industry of India to supply missiles to European Forces. I believe these are all signs of a future when our technological edge cannot be taken for granted.When that future arrives or even before when our economic system caves from the pressures, we may see the failure of our Empire.
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