Comments on: Counterparties: Can poor nations manufacture wealth? http://blogs.reuters.com/felix-salmon/2012/08/09/counterparties-can-poor-nations-manufacture-wealth/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: QCIC http://blogs.reuters.com/felix-salmon/2012/08/09/counterparties-can-poor-nations-manufacture-wealth/comment-page-1/#comment-42601 Mon, 13 Aug 2012 20:45:32 +0000 http://blogs.reuters.com/felix-salmon/?p=17018#comment-42601 If you actually wanted to grow GDP in these countries at a rate which will have them catching up to the developed world you are going to have to set up protectionist barriers/currency manipulations/and massive state investment in key industries. That is how every country has industrialized. None of them have used the “free market”/”globalization”. Globalization is to your benefit once you already have the lead, it doesn’t help you catch up.

And if you want to increase GDP/capita at a notable rate you are indeed going to have to stop the unwashed masses from breeding like rabbits as OotS said.

Even in the US we have this problem. When you really examine urban poverty in the us, or even white rural poverty and look at the outcomes what you will see is that even though our social programs are good enough to raise up 40% of the poor children from little families started by teenagers with no prospects, the problem just gets worse because they are having 4 and 5 children.

So you “solve” poverty at a slower rate than the poor make more of themselves and thus it “grows”.

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By: QCIC http://blogs.reuters.com/felix-salmon/2012/08/09/counterparties-can-poor-nations-manufacture-wealth/comment-page-1/#comment-42596 Mon, 13 Aug 2012 19:43:28 +0000 http://blogs.reuters.com/felix-salmon/?p=17018#comment-42596 If you actually wanted to grow GDP in these countries at a rate which will have them catching up to the developed world you are going to have to set up protectionist barriers/currency manipulations/and massive state investment in key industries. That is how every country has industrialized. None of them have used the “free market”/”globalization”. Globalization is to your benefit once you already have the lead, it doesn’t help you catch up.

And if you want to increase GDP/capita at a notable rate you are indeed going to have to stop the unwashed masses from breeding like rabbits as OotS said.

Even in the US we have this problem. When you really examine urban poverty in the us, or even white rural poverty and look at the outcomes what you will see is that even though our social programs are good enough to raise up 40% of the poor children from little families started by teenagers with no prospects, the problem just gets worse because they are having 4 and 5 children.

So you “solve” poverty at a slower rate than the poor make more of themselves and thus it “grows”.

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By: QCIC http://blogs.reuters.com/felix-salmon/2012/08/09/counterparties-can-poor-nations-manufacture-wealth/comment-page-1/#comment-42595 Mon, 13 Aug 2012 18:37:39 +0000 http://blogs.reuters.com/felix-salmon/?p=17018#comment-42595 If you actually wanted to grow GDP in these countries at a rate which will have them catching up to the developed world you are going to have to set up protectionist barriers, currency manipulations, and massive state investment in key industries. That is how every country has industrialized. None of them have used the “free market”, or “globalization”. Globalization is to your benefit once you already have development, it doesn’t help you catch up.

And if you want to increase GDP/capita at a notable rate you are indeed going to have to stop the unwashed masses from breeding like rabbits as OotS said.

Even in the US we have this problem. When you really examine urban poverty in the us, or even white rural poverty and look at the outcomes what you will see is that even though our social programs are good enough to raise up 40% of the poor children from little families started by teenagers with no prospects, the problem just gets worse because they are having 4 and 5 children.

So you “solve” poverty at a slower rate than the poor make more of themselves and thus it “grows”.

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By: QCIC http://blogs.reuters.com/felix-salmon/2012/08/09/counterparties-can-poor-nations-manufacture-wealth/comment-page-1/#comment-42594 Mon, 13 Aug 2012 18:08:34 +0000 http://blogs.reuters.com/felix-salmon/?p=17018#comment-42594 If you actually wanted to grow GDP in these countries at a rate which will have them catching up to the developed world you are going to have to set up protectionist barriers/currency manipulations/and massive state investment in key industries. That is how every country has industrialized. None of them have used the “free market”/”globalization”. Globalization is to your benefit once you already have the lead, it doesn’t help you catch up.

And if you want to increase GDP/capita at a notable rate you are indeed going to have to stop the unwashed masses from breeding like rabbits as OotS said.

Even in the US we have this problem. When you really examine urban poverty in the us, or even white rural poverty and look at the outcomes what you will see is that even though our social programs are good enough to raise up 40% of the poor children from little families started by teenagers with no prospects, the problem just gets worse because they are having 4 and 5 children.

So you “solve” poverty at a slower rate than the poor make more of themselves and thus it “grows”.

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By: QCIC http://blogs.reuters.com/felix-salmon/2012/08/09/counterparties-can-poor-nations-manufacture-wealth/comment-page-1/#comment-42593 Mon, 13 Aug 2012 18:04:34 +0000 http://blogs.reuters.com/felix-salmon/?p=17018#comment-42593 If you actually wanted to grow GDP in these countries at a rate which will have them catching up to the developed world you are going to have to set up protectionist barriers/currency manipulations/and massive state investment in key industries. That is how every country has industrialized. None of them have used the “free market”/”globalization”. Globalization is to your benefit once you already have the lead, it doesn’t help you catch up.

And if you want to increase GDP/capita at a notable rate you are indeed going to have to stop the unwashed masses from breeding like rabbits as OneOfTheSheep said.

Even in the US we have this problem. When you really examine urban poverty in the us, or even white rural poverty and look at the outcomes what you will see is that even though our social programs are good enough to raise up 40% of the poor children from little families started by teenagers with no prospects, the problem just gets worse because they are having 4 and 5 children.

So you “solve” poverty at a slower rate than the poor make more of themselves and thus it “grows”.

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By: QCIC http://blogs.reuters.com/felix-salmon/2012/08/09/counterparties-can-poor-nations-manufacture-wealth/comment-page-1/#comment-42591 Mon, 13 Aug 2012 17:48:14 +0000 http://blogs.reuters.com/felix-salmon/?p=17018#comment-42591 If you actually wanted to grow GDP in these countries at a rate which will have them catching up to the developed world you are going to have to set up protectionist barriers/currency manipulations/and massive state investment in key industries. That is how every country has industrialized. None of them have used the “free market”/”globalization”. Globalization is to your benefit once you already have the lead, it doesn’t help you catch up.

And if you want to increase GDP/capita at a notable rate you are indeed going to have to stop the unwashed masses from breeding like rabbits as OneOfTheSheep said.

Even in the US we have this problem. When you really examine urban poverty in the us, or even white rural poverty and look at the outcomes what you will see is that even though our social programs are good enough to raise up 40% of the poor children from little families started by teenagers with no prospects, the problem just gets worse because they are having 4 and 5 children.

So you “solve” poverty at a slower rate than the poor make more of themselves and thus it “grows”.

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By: QCIC http://blogs.reuters.com/felix-salmon/2012/08/09/counterparties-can-poor-nations-manufacture-wealth/comment-page-1/#comment-42590 Mon, 13 Aug 2012 17:47:07 +0000 http://blogs.reuters.com/felix-salmon/?p=17018#comment-42590 If you actually wanted to grow GDP in these countries at a rate which will have them catching up to the developed world you are going to have to set up protectionist barriers/currency manipulations/and massive state investment in key industries. That is how every country has industrialized. None of them have used the “free market”/”globalization”. Globalization is to your benefit once you already have the lead, it doesn’t help you catch up.

And if you want to increase GDP/capita at a notable rate you are indeed going to have to stop the unwashed masses from breeding like rabbits as OneOfTheSHeep said.

EVen in the US we have this problem. When you really examine urban poverty in the us, or even white rural poverty and look at the outcomes what you will see is that even though our social programs are good enough to raise up 40% of the poor children from little families started by teenagers with no prospects, the problem just gets worse because they are having 4 and 5 children.

So you “solve” poverty at a slower rate than the poor make more of themselves and thus it “grows”.

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By: fresnodan http://blogs.reuters.com/felix-salmon/2012/08/09/counterparties-can-poor-nations-manufacture-wealth/comment-page-1/#comment-42541 Fri, 10 Aug 2012 10:12:33 +0000 http://blogs.reuters.com/felix-salmon/?p=17018#comment-42541 “If I had an agreement with my tailor that whatever money I pay him returns to me the very same day as a loan, I would have no objection at all to ordering more suits from him.”
– Jacques Rueff, French economist

Hmmmmm, I wonder who all these upcoming 3rd world manufacturing countries are going to sell their products to.
http://data.worldbank.org/indicator/NE.E XP.GNFS.ZS

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By: OneOfTheSheep http://blogs.reuters.com/felix-salmon/2012/08/09/counterparties-can-poor-nations-manufacture-wealth/comment-page-1/#comment-42536 Fri, 10 Aug 2012 02:54:00 +0000 http://blogs.reuters.com/felix-salmon/?p=17018#comment-42536 @Frwip,

YOU seem the one obsessed about “brown people”! The people in any given “poor country” are usually ALL the same color.YOU seem the one obsessed about “brown people”! The people in any given “poor country” are usually ALL the same color. Upward mobility has no color, but requires a quick mind willing and able to learn.

Mud hut villages already overflowing with hungry people lacking clean water and basic sanitation illustrate societies that can not and do not provide for their present population. What chance can they offer their exploding new multitudes? Are YOU willing to put YOUR money where YOUR mouth is? I don’t think so.

Color wasn’t my point, ability was. It is the children born with a reasonable chance of being taught values and to think, not imprinted with hatred of their society’s successful people, successful neighbors, or a different religion that will likely lead PRODUCTIVE lives wherever they are born.

Taiwan and South Korea were “engines of innovation” as soon as the spectre of foreign domination was thwarted by American protection. Their people have largely been target by their governments for education to succeed with more than a little American money supporting those efforts.

India has made a good faith effort without a one-child policy, and best illustrates the impossibility of the best intentions. It’s attempts to achieve a better “standard of living” is consistently overwhelmed by the continuing explosion in numbers of it’s least productive in society. If you’ve got “the answer”, I’m sure they’d LOVE to hear it!

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By: Frwip http://blogs.reuters.com/felix-salmon/2012/08/09/counterparties-can-poor-nations-manufacture-wealth/comment-page-1/#comment-42533 Fri, 10 Aug 2012 01:53:37 +0000 http://blogs.reuters.com/felix-salmon/?p=17018#comment-42533 @OneOfTheSheep

Wow! Having a panic attack about brown people “out-breeding” the right kind of people, aren’t we?

And, to boot, your point is factually obtusely wrong. Taiwan and South Korea never had a one child policy and that didn’t prevent them from reaching first world prosperity and standards of living.

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