[PersonalLiberties]

"Indians and Chinese won't be buying American products or shopping in America"

There is no America at least as far as multinational corps think.

American consumer market has reached a saturation point (according to one theory) for new items and now is a replacement market only. So, mutlinational corps. are looking to the world for the new consumers in the population rich countries, China, South America, India. But before they can be consumers they need jobs, and so the cycle goes.

[hedgetrimmer]

Indo-US FTA may be win-win deal
PRIYA RANJAN DASH

TIMES NEWS NETWORK[ THURSDAY, AUGUST 05, 2004 05:33:10 AM ]

NEW DELHI: Businessmen on both sides are convinced that there are strong complimentaries between the US and India in the services sector and a FTA would be a win-win deal. The services sector contributes approximately 51% to Indias GDP and for the US, the sectors contribution is 72%.

http://timesofindia.indiatimes.com/articleshow/804576.cms

**
The service sector is 72% of the United States GDP?

If that is true, and now much of the service sector work will be outsource, what will happen to our economy?

[lelio]

There is no America at least as far as multinational corps think.

There is ... when it comes time to needing a forum to defend their own intellectual property from pirates.