Why do we (US) have to shoulder the weight of econ. growth of other nations?
Hmmmm, this becomes more of a political questions with economic/financial implications. However, let’s pick some issues:
– Corporate greeeeeeeed (we all have to get a return in our investment portfolios)
– US Corporations complain about the maturation of their market here (corporations push for new market expansion)
– Cheap wages & more market expansion sound like a good trade for any organization looking for steady growth & ROI for their stakeholders
– Geo-Political pressure to increase trade, strategic allignment with new partners (Eastern EU, Balkans, Asia.. aka old comunist countries)…I know, since I’m from one of those countries.
NOTE: from my limited knowledge, the US model of success (and the financial market definition of success) is to show continous growth. Such growth could only be achieved in big terms via (1) increase market share or (2) new breakthrough technology advancements……I guess we only limit ourselves to the first option.
I’m curious about your opinions, and I hope I did not divert the direction of Powayseller’s post here (this migh be worth a new topic).
