Showing posts with label added value. Show all posts
Showing posts with label added value. Show all posts

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!