Wealth transfer to China
Jeez! not only do we have the bankers to worry about, and inflation, we have the destruction of Western economies by China now! Every time I go to the shop I have to look at the made in badge. If we keep buying chinese goods we are selling our countries down the river. Every town has a Pound Land or a Dollar town, these shops sell cheap Chinese goods, which we are all used to, but in reality its not about cheap tools and bad plastic toys anymore, its about fully blown technological appropriation, and the hording of scarce resources, such as the rare metals used in the production of electronic goods such as mobile phones etc. A week does not pass that a ship will leave a western port full of high tech machines and manufacturing technology which has been unbolted from some factory floor crated and then shipped to China. Our bankers, industrialists were so craven in their greed that they could not resist the lure of cheap labour, and manufacturing capacity which was previously offered...