Sunday, 25 April 2010

and the winner is...

definitely not Europe!

If you want to know who sucked up all those jobs:

To put it into a relation: Europe's population totals just about 500 million. China tripled its industrial jobs over 30 years and still has a huge reserve of at least 500 million rural workers waiting to be participating in what for them will be a (much) better life.

That idea of transferring our economy into a so-called "service and finance economy" sounds so simple but in reality is naive as can be: not only did the "finance" part turn out to be just one bulk of convoluted Ponzi schemes; the "You cut my hair, I cut your grass!" service philosophy failed as well: where in this globalised world is the added value in short hair or cut grass?

Yes, in China, if anywhere!

Carpe diem!


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