The indians sold the island of Mannahatta for 24 dollars worth of beads. The settlers knew the worth of what they were buying and built their paltry investment into something very very valuable.
History repeats itself except this time the Americans are selling off their nation for cheap chinese 'trinkets' and now China is building itself into the most formidable nation on the planet as a result. I guess if we don't teach history to people like you, we are doomed to repeat it. This time we're the losers.
I guess if we don't teach history to people like you, we are doomed to repeat it.
Your island of Manhattan analogy is absolutely retarded on just about every level. No, I did not learn history from people like you. Thank God.
If you want to learn history, learn the history of government-controlled economies, like the one Pat Buchanan and Hillary Clinton would prefer for the United States.
That history is quite unpleasant.
And many people bought little ounces of shiny metal at $1000 a pop and saw that it is only worth half of that years later.
The Indians getting $24 for nothing is better than just waiting to get kicked off the land by the invaders. That $24 dollar investment really paid off, there are hundreds of Indian casinos now.
hedge you are right... PAT'S PHILOSOPY IS VERY SIMPLE:
AMERICA AND AMERICANS FIRST!!!
You can't compare the DUTCH EAST INDIA COMPANY buying Manhattan Islands ( which was NOT sold for the supposed $24 worth of beads, or trinkets, or any such a thing !) with Americans buying cheap Chinese products.