Consumer sentiments - realistic or not ?
Company: Africasiaeuro • Posted August 7, 2010 6:42 PM
We consider our present economic problems a menace brought upon us by cheap labor from third world countries. No thorough consideration has been given to the fact, that developing Nations needed to make a strive so their citizens may become more prosperous.
In western economies, countless industries have been operating for centuries, much so in U.S. and European countries. Their gains were - in most cases - astronomical. For over a century there was no competition. Products were sold locally and on the overseas market. Margins were at fantastic levels.
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