Friday, May 11, 2007

i think i am losing my language .... we've been talking for long and still we never change and they are moving rapidly now .... if they were really facing effeciency of chinese labour force by capital intensive production then fuck them .... because this lkeads not to cost reduction as they claim it only sunstitutes wages of workers by price of adding capital .... guess taking control of labour by lay off and crap will onlyt lead us down ... if we are to follow the footsteps of China we will realise that labour intensive production is the most widely spread there .... multinational corporations moving there are taking advantage of this fact ... moving to the point of a liberal economy .... in the early history of china and before the official formulation of the Chinese Communist Party, precisely during the socialist reign everything was provided by the government "from cradle to grave" just as mentioned in the chinese profile in the library of congress .... few years later in 1949 after the official formulation of the CCP (chinese communist party) all the chinese people moved towards the wellfare of People's Republic of Chine, leaving what we suffer from nowadays "INDIVIDUALISM", that was the key. Collectivism was a virtue that led them to the situation which we are dying to reach via individualism .... pathetic we never realize.
episode 2: 1997 Asian Economic Crisis
the very core of the asian economic crisi was liberalization of the economy so the first round caused some currencies to drop and a hell of an incrase in interest rates led to the preference of interest bearing securities over equity so investors had to withdraw.
second round was the drop of other currencies as a result of the stability of the first group of currencies at low prices. such crisis aslo affected the US and UK economy .... liberal economists, go figure.

so decision if finally after studying the effect in both cases.

moving to another series, days of Sadat:
special edition late 70s early 80s ..... we chose a liberal economy ..... FUCK OFF

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