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July 14th 04, 04:09 AM

In article , says...

In article ,
(Michael Bryant) writes:

What's up, Burr? Tired of job hunting?

Hey Mike.
There ARE no jobs;
Manufacturing is being trasported to China

snip

Karmic payback story from the Wall Street Journal a few
days ago:

A lot of the firms who've relocated their manufacturing to
China because of low wages are running into major (and
costly! ^_^) problems these days because the Chinese
leaders, not anticipating the sudden economic boom,
didn't build power plants a few years back. The result
now is that brown outs are widespread as the powergrid
is overtaxed and underpowered, and manufacturing firms
have had to either buy generators (a hideously costly
source of power) or shut down operations when the power
goes out. Many firms are seeing their profits shrink
like ice cubes thrown into a hot skillet; and even
though the Commie leaders are now fast tracking the
building of new power plants (ignoring environmental
damage and pollution along the way; China's air is
already some of the most polluted on Earth, and given
that most of the power plants will be burning high
sulphur coal, things will probably get MUCH worse); I
say, even though they're building them as fast as
possible, it won't be until 2006 that things will start
to improve. Meaning all those western firms MAY wind
up regretting their outsourcing...

And the Beijing Olympics should be VERY interesting. ^_^

FW