It had been a lie that only through INTERNATIONAL trade will an entreprenuer make money.
For simplicity sake so that more may understand, lets FOR EXAMPLE show the figures on what an entreprenuer can make if he has a hot product costing
$10 that just the nation itself, a target market, EVERY american will buy within just one month.
300M citizens X $10 = $3 Billion in one month alone!
Most economists will claim that 90% of a company's revenues will be overheads, such as labour, property, power utilities, etc. That still leaves the
entreprenuer with 10% PURE PROFIT = $300million.
With $300m, the entreprenuer for 3 generations can SAFELY retire from the world without even placing a dime in banks, even with reckless and abandoned
spending. You would most certainly would. I would gladly do so, if I had such brains and drive, which I don't. But I am only one, and there are others
whom are far, far more capable than me. Steve Jobs had proven you don't need a plethora of PHDs to be successful.
We came onto planet Earth with NOTHING, and will leave with NOTHING anyway. It's what we do in between that makes us either to placed upon humanity's
pedestal, or our graves be spat upon for eternity.
Let's look at China's market 1.3 billion. Many presume if the same model is applied, one would be awesomely rich. But how much is ever enough, truly?
In truth, that 1.3 chinese citizens may not even be able to fork out $10 for a product, no matter how hot it is, espacially if their salary is kept at
only $100 a month, with a family to feed on necessities.
Thus, corrupt and dictatorial China is not and never was a target market. Globalisation and Free Trade had been a hideous lie. It was American and
fools that paid for shoddy products and helped enslave further the chinese.
It is only PROTECTIONISM that will alleviate poverty. Notice how the rich in China are buying western QUALITY products and shunning their own far
cheaper goods? Not only happening in China, but around the world as well.
Thus it behoves other nation to ensure their products are of QUALITY, SAFE and Technologically advanced to meet needs. And it can only happen under
protectionist policies, to groom and grow their entreprenuers.
As each nation becomes protectionist, even with punitive taxes, its citizens will seek for quality and gladly pay for it. Notice how BMWs, Mercz,
Audis are preferred over Chery, Nano, hyundai, despite their high IMPORT taxes in China and other 3rd world nations?
WIth such high taxes imposed, those nations CAN then use it for social expenditure - health, infrastructure, and critically -education, to improve and
elevate their own masses OUT of poverty.
Let us through this awakening, truth, reality and enlightenment on the errors of national polices, never allow the greed of the few to doom us all
again, and collectively, one way or another, make the right and support of choices through further discussions with our families and social networks
to agree upon, or only doom awaits us all if we continue on as usual after this cataclysmic event of global meltdown........
edit on 19-9-2011
by SeekerofTruth101 because: (no reason given)