and what is worse the amount of goods that could be made here and we still import. america needs to wake up WE ARE THE THIRD WORLD http://dvnttech.com/blog - Charles Rice
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we are hardly the third world, but our world IS changing and we need to be aware of how and why! - marty nickel
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“Fuel price rise is a conspiracy by the Middle east Oil Cartel. FOOK Then” - Arjun
What kind if idiotic statement is that? We have clothes on our backs, food to eat everyday, and don't have to worry about leaving our homes (yeah we have HOMES) out for fear of someone kidnapping us or killing us. You want to know what third world is? Go to the ghettos of Jamaica or Haiti or South Africa, India, Somalia. Ridiculous - Shey
@marty when a presidential canadate can spend 20 million on an deligate hunt and watch our economy go down hill, when we are cutting or the home less we may be in a better position than other countrys but we are the third world we just have better toys - Charles Rice
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Companies s/ just invest in virtual meeting A/V app's. This will cut out the need to travel at all. Telecommuting is the way to go.. a face2face meeting is really required and most of the time the decisions are still made at the backend..never upfront. - Peter Dawson
@shey I respect what you have to say but how much has your cost of living gone up with out a better job, I myself am disabled and it is harder for me to work and find a job but because of the position of our country im screwd, thier are things we could do to bring our country back up but as i see it where i live suffers more for the way our countrys econnomy has fallen - Charles Rice
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What do you expect when we send all our dollars to China. What do you think they're buying with the money? 1. Cars. 2. Highways. 3. Gasoline. 4. Inflation (for us). - Dave Hussein Winer
just b'coz a countries economy has fallen does not mean that its become 3rd world !! I will agree with @Shey,- having worked in slums /leper colonies in India, I have seen what is meant by being an "outcast" .no food, clothing or family . Trust me the Americans and most of the 1st world have barely scratched the surrface of the poverty line, let alone understand the morbid intricacies of humans treating other humans like animals. - Peter Dawson
@Dave you're absolutely right (OMG I'm agreeing with Dave Winer *marks it down in calendar*). China owns the US right now, literally, I hear they are even buying up real estate. Don't forget how much y'all owe them too. If they were to call back all that debt all at once the entire economy would collapse and Canada's with eventually. - Shey
@dave , what did you expect when all the americans wanted was more and more stuff-- 1 xmas present is not enough for the kid, they need 5/6 items.. there greed of the Americans is its downfall.. don't blame the Chinese.. you demanded , they supplied .. yeah and don't 4get, US is spending $2B a week in Iraq- get over that spending first..and feed your ecomomy with food first - not oil - Peter Dawson
@Charles My condolences, I dont' think many anyone can appreciate the struggles you have to go through on a daily basis. Especially because most people have it a lot easier, which makes your statement about the country being Third World kinda ludicrous. Yes, your situation must be extremely difficult, but North America is doing pretty darn well compared to the rest of the world. - Shey
Peter, I totally agree, I don't blame the Chinese. We're fat and dumb here, we're going to have to start getting smart soon, and I don't think people are going to like it. If Americans saw the kind of cars people drive in Europe they'd freak out. If Americans understood who we're competing with (in China and India) they'd freak out. Ultimately our economies are going to, at best, look like theirs. That means our standard of living will go down and theirs will go up. This will happen in Europe too. - Dave Hussein Winer
@shay I have respect for you and your view, I speak by what my eyes have seen I am white and have lived in an american ghetto no it was not as bad as other countrys but thier is more to what I classify as a third world than just economy. - Charles Rice
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Dave, your very much correct "That means our standard of living will go down and theirs will go up" - we are getting to "the world is flat" state. I don't think that their std of living will go up. Last week, I spoke to a team from India who flew into FL for a gig I asked them hows the clubbing, - it sux's, clubs are better in India. - Peter Dawson
If we want to be competitive again, we have to stop being afraid of immigrants. This country was founded on the idea that poor people from other countries would be willing to move here and do backbreaking labor at cheap costs because it gave them a better life than they had at home. The American Dream was that their CHILDREN would have a better life. Now, Americans are afraid of competition. And, we're fat and lazy. - Robert Peterson
@ Peter Dawson..the food's better in India too :) - Iain Baker
@shey, What a shitty, ignorant and stupid statement to make.That India is a ghetto. Have u ever been to harlem or say seen the people staying in the under ground tunnel in the so called "first world" country US.I have respect for US.But its has its own problems like our. And @peter what kind of slums/leper colonies are u talking abt.It not 1942.How long back have u been to India? Have u ever been to the ghettos like china town in New York or say Harlem? Leprosy is a tropical disease so its prevalent here. - Arjun
Also population is very high here.So even if we earn and GDP is high, u sudo so called 1st world country(btw who gave that term to u) calculates the per capita GDP as low. And finally its in DOLLARS.Take just the conversion rate and we "poor" Indians are fucked.Do u know with the purchasing parity, we can kick anyones ass any day.And why do "wester" 1st world people come to india for doing there "social work" thing here in India.Why not say dafur or somalia or even bangladesh? - Arjun
@Robert great point that us is trying to block out mexico and our statue of liberty says "Give me your tired, your poor,Your huddled masses yearning to breathe free,The wretched refuse of your teeming shore.Send these, the homeless, tempest-tossed to me.I lift my lamp beside the golden door." and yet we are now blocking them out - Charles Rice
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Because India is percived as 3rd world but :) actually is not. You get all the luxury and still play the saviour to the poors.Yes there are poor here in India.So are they in US.Help them first.After sub-prime issue lot will not have a HOME>Help them first - Arjun
@Robert great point that us is trying to block out mexico and our statue of liberty says "Give me your tired, your poor,Your huddled masses yearning to breathe free,The wretched refuse of your teeming shore.Send these, the homeless, tempest-tossed to me.I lift my lamp beside the golden door." and yet we are now blocking them outhttp://en.wikipedia.org/wiki/P... - Charles Rice
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The US will still be the number 1 economy 10 years from now, but the scary numbers are the fact that in the next 10 years China and India are going to drive 90% of the global GDP growth. The US will stay a world power for a while but we're now witnessing the 'rise of the rest' as Fareed Zakaria says in The Post American World. It's an interesting read check it out http://tinyurl.com/6aokgo - Marc Ryan
@Arjun EVERY country is has their filthy rich no matter how poor it or the people may be. And I NEVER said ALL of India was a ghetto -- take the time to READ my statement before trying to chew me out. - Shey
@Arjun, "Help them first -So are they in US.Help them first.After sub-prime issue lot will not have a HOME>Help them first -" - NO- you can go ahead and help them. The American greed for money created the sub-prime mess, the american's now have to reap the consquenses. we in canada, have 'nuff of our own problems to tend too :)- As for the question"How long back have u been to India? " - there in Jan 2007. - Peter Dawson
@Charles Rice Third world? Come to Cape Verde if you wanna see the third world, mate! - ※Fu※
I'm not typically a conspiracy theorist, but I do believe the run-up in oil futures smacks of the kind of manipulation that Enron used in driving up electricity prices in California. Personally, I think there are many positive long-term benefits to high gas prices as it is finally forcing consumers to make long-term positive decisions that have been put off because of cheap oil. However, I wouldn't be surprised to see a bust in market. I just hope such a bust does not make Hummers look attractive again. - Rex Hammock
Did you see that GM may be phasing our new Hummers? - Larry Kless
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@peter @yuvi, well the point taken. :) got a bt emotional. But the thing is sometimes I feel I know or atleast make a effort to know other countries. But most from other countries(mostly wester hemisphere) don't! And that pains me. No I am not a psyco fanatic patriot.Just like to have the fact staraight.And going back to the original q: I really beleive the whole thing is due to OPEC not wanting to increase output and the iraq war preventing disruption frm a big supplier. - Arjun
Most Oil firms are wester/US based companies.ANd if they can just increase the output, which in turn will put less pressure on the world market.Then this criss can be averted.In fact as of yesterday, Indian govt increased the petrol prices by 5 bucks and diesel by 3 bucks. And that still will not cover the loss by Indian oil importers.And that has already raised such a hue & cry that govt is in danger.So I beleive that the Oil Cartel should be reined in and let them just not think of selfish profit. - Arjun
