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1 posted on 07/25/2014 7:01:24 AM PDT by SeekAndFind
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To: SeekAndFind

Had to happen.


2 posted on 07/25/2014 7:04:05 AM PDT by RightGeek (FUBO and the donkey you rode in on)
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To: SeekAndFind

bump


4 posted on 07/25/2014 7:09:25 AM PDT by RoosterRedux (Obama: Race is his cover...jihad is his game.)
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To: SeekAndFind

It’s an interesting comparison.

China wasn’t and isn’t vulnerable to the misadventures of its militaristic neighbors.

Ethiopia it seems, will be increasingly affected by what it’s neighbors are doing.


5 posted on 07/25/2014 7:10:20 AM PDT by SMARTY ("When you blame others, you give up your power to change." Robert Anthony)
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To: SeekAndFind

Boss acts like Captain Queeg.


8 posted on 07/25/2014 7:24:02 AM PDT by AU72
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To: SeekAndFind
Ethiopia was a net food EXPORTER, thanks to Oklahoma State University back in the 1950's and early 60's. They shared farming techniques, technology, seed improvements, and everything else. Then, as usual, the Socialists took over. You may have heard about Ethiopia's reputation since then.

Africa (and Socialism) wins again.

9 posted on 07/25/2014 7:24:24 AM PDT by Teacher317 (We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent men)
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To: SeekAndFind

I guess the Chinese paying their Vietnamese workers $100 a month was just too expensive.


11 posted on 07/25/2014 8:11:35 AM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: SeekAndFind
Where China Goes To Outsource Its Own Soaring Labor Costs

May I suggest Detroit.

13 posted on 07/25/2014 9:01:11 AM PDT by martin_fierro (< |:)~)
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To: SeekAndFind

Ethiopia is now where Japan was in the 20s, S. Korea in the 60s and China in the 80s.

The only competitive advantage any of these countries had, at the time, was their low labor rate, which allowed them to get low-skill jobs in and gradually increase their skills and therefore labor rate. Japan and SK are now, of course, first-world nations, while China is in part.

Those who object to these jobs going to low-wage countries, either because they “take away American jobs,” or because they “exploit the workers,” are preventing the people in these countries from accessing the only really proven way of climbing out of poverty. Personally, I wish the Ethiopians all the success in the world.

BTW, there is unfortunately no guarantee that low wages will lead to the Japan/SK/China bootstrapping process. Much seems to depend on cultural and political factors in the particular country.


14 posted on 07/25/2014 9:26:25 AM PDT by Sherman Logan (Perception wins all the battles. Reality wins all the wars.)
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