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Reply #4: i think we should give it to a billionaire to invest in india [View All]

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unblock Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 12:51 PM
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4. i think we should give it to a billionaire to invest in india
so we can employ indian workers.

the increase in demand for indian workers will eventually lead to wage increases, leading in turn to increased indian savings and increased indian demand for chinese imports.

the increased demand for chinese imports will push up the price of chinese goods, making american goods cheaper by comparison. or would, to the extent china ever adjusts their currency.

eventually this means that a british person looking to buy a good curry mix will wander through the indopak store and say, "crikey, this is expensive!

a rich tourist travelling from texas will overhear this and say, "hey, i happen to have some curry mix right in my suitcase! sell it to ya for a buck! i mean a pound! ya think more brits would like this?"


and just like that, a new small business is born. after a few months of internet success, our nascent curry exporting business is booming so much it needs to hire someone to help keep track of all the money the rich owner is making.




that's what i think should be done with the money.
it's all about the jobs, you see.

:snarcasm:
:snarcasm:
:snarcasm:
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