Corporations, greed, share holders, high level executives and stupid consumers

  • Thread starter Thread starter TracerBullet
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TracerBullet

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uh that's nrabroad
what his post is about.

He says its about corporations and stockholders being greedy, thus I asked him, how that could possibly be bad for the economy, when by definition that is what drives GDP.
 
so let me get this straight.


1. close american plant, and move operations to China at profit of $1,000,000 a year which mainly goes towards bonuses and 20 odd shareholders.

2. This removes $3,000,000 in local wages/income.

3. China now has $2,000,000 in local wages/income coming in.

4. China sends products to america to buy.

5. We buy them because we can no longer buy the american product.

6. We run out of money.


did i miss a step?
 
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