Current Events — HabitableZone

Current Events » in reply to Wonder what this might mean - "Chinese firm buys IBM PC business"

It's a start of the beginning to proceed to commence on.....

a changing world scene in which the US and its overstressed economy starts a decline and the Chinese brand of "controlled" capitalism is on the assendent.

Watch for the import of Chinese cars and trucks and the sale of Ford Motor to Chinese interests. It will be spun as a "merger" or stock buy out--but see it as it is.

Corporations have no nationality, no morality, no concerns except the drive to monopoly, protection of profits and market share. Stockholders be damned, they had better be satisfied with the increases in their share prices or dividends, just as voters are to be satisfied with casting their vote every four years.

This is the world spinning on its axis and the times achanging.

Publius

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