InvestorsHub Logo
Followers 10
Posts 10150
Boards Moderated 0
Alias Born 08/22/2002

Re: The Duke of URL post# 80912

Monday, 05/25/2009 12:09:53 PM

Monday, May 25, 2009 12:09:53 PM

Post# of 151823
In return they got political stability in the form of jobs for their people, our production knowledge and the ability to buy knowledge and resources from us.

Japan has made that deal for decades with us though we provide them with some level of security too.

This is the net effect of globalization. It works well between countries of roughly equal development but it also works to bring down developed countries while bringing up undeveloped countries. There is no free lunch - that is it doesn't raise everyone up.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent INTC News