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When will people adapt to the Global Economy

Discussion in 'BlackHat Lounge' started by Roparadise, Nov 3, 2011.

  1. Roparadise

    Roparadise BANNED BANNED

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    I think many of the peoples caused lately is because people have not adapted to the changes in the past 60 years to do jet plans and most recently the internet. You are now competing with people from all over the world not just in your own country.

    An image of what this means

    An American citizen living in Dubai,owns a company registered in Bulgaria that has a swiss bank account from a swiss company with a branch in Bulgaria. He hires people from India to do SEO work for his website. A programmer from Romania to write a program he sells. He orders promotional products from China and Vietnanm(pens,t shirts etc.) He uses a international law firm from the United Kingdom for legal advice. His company hires a financial planning firm from Germany to help him increase the profits of his company.

    The next time you hear someone complain of globalization ask them why don't you break your computer since computers and the internet heavily led to it.
     
  2. Essence19

    Essence19 BANNED BANNED

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    Globalisation is postive and negative - For us its postive - IM means you can make money from every country all around the world.sitting at your pc,you can also connect with people anywhere.but it also has negative effects.in my country plenty of mine workers have lost their jobs because the gold made in my country is refined abroad, also alot of our IT jobs are being outsourced to china.so the poorer people cant get jobs. there is 2 sides to globalisation,however due to the advancement of technology.this society will become obsolete very soon. Financial system will eventually collapse. so in the end it wont really matter. Free is the future.so enjoy it while it lasts.
     
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  3. drac313

    drac313 Junior Member

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    Globalization is fine, but I dont like the idea of one world government, it is an idea that exists in a fairybook and that is the one turn. I want to identify myself as American not just a random human in the world. That is what people are afraid of, they dont want to lose their nationality, for better or worst.
     
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  4. makroosa

    makroosa Newbie

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    globalization is both good an evil at the same time. it really favors the developed world and is a disadvantage to developing countries.
     
  5. cool0403

    cool0403 BANNED BANNED

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    This is obviously not your post, you should post the source next time. I ve seen this over 5 times already same exact words. Mind giving the source from where you got this exact post.
     
  6. Roparadise

    Roparadise BANNED BANNED

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    How is it a disadvantage to developing nations? It actually helps them, Many jobs have been created in developing nations by business owners from developed nations.
     
  7. Roparadise

    Roparadise BANNED BANNED

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    It is my post,but I have posted a similar one on another thread a while back on BHW.
     
  8. MrE

    MrE Executive VIP Jr. VIP Premium Member

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    I think it actually helps developing countries a lot because they have the advantage of low labor costs.

    It is redistributing the blue collar wealth from developed nations and killing the middle class/unskilled labor jobs.
     
  9. cool0403

    cool0403 BANNED BANNED

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    Now that explains, i just read a lot of threads on bhw and i can tell you i saw this one before.Didn't mean to call you out or anything i apologize.
     
  10. Roparadise

    Roparadise BANNED BANNED

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    But it also changes the types of jobs that the developed nations need. Importing related jobs would increase,Tourism related jobs would increase in some cities because more people in the developing nations would have money to travel to other cities. Also people would spend more money on entertainment in those countries so it means more money is going to the entertainment industry.

    I really am tired of the people saying how the U.S. needs manufacturing again so much,and don't realize that importing creates jobs in the U.S. as well.
     
  11. scully

    scully Junior Member

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    International economics is incredibly complicated and if the great economic minds of the world can't figure it out, I don't claim to.

    I do think that we (USA) can never compete with China as long as we have child labor laws and E.P.A. regulations (environmental).

    So we have world economical problems? Blame it all on Barney Frank. He almost brought the world down with Fannie and Freddie Mac.
     
  12. Roparadise

    Roparadise BANNED BANNED

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    But China is a geopolitical region that consists of 1.3 Billion persons the U.S. could never really compete for many things since there is only 300 million persons in the U.S. its not just child labor laws and EPA regulations it is also the minimum price to hire workers.

    Thats why the managers in the U.S. like President Obama need to talk about how the jobs needed in the United States have changed and that large scale manufacturing is a thing of the past for many types of products and service based jobs and importing related jobs are what is needed.
     
  13. StartupBros

    StartupBros Regular Member

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    Gloablization of competition sounds great. Globalization of public policy and opinion? Not so much. Nobody will ever pass a law to increase competition, only decrease it.