AL |
3:27 PM |
Former massive world powers are in decline and new economic powers are creeping out the woodwork. A few years ago in business school, we were being taught that China was projected to become the largest economy in the next 20-30 years. China is predominantly a manufacturing based economy compared to the US economy which is service based. With a non-existent manufacturing component, US economy is shrinking because as the recession worsens people cut back on more non-essential services and that affects small businesses in particular. Then to make it worse, US based companies started outsourcing Tech and
Network Engineer Jobs to China and India, growing their economy while slowly killing it's own......in any case, I am rambling. The damn picture is funny!
Category:
Funny,
News
