OT: Global Economy Update: Will China Pay for Your Retirement?

[Thomas Rogers]

More and more companies are investing in China.



Don't be surprised if in the years to come your pension and your retirement ability is largely vested in American firms doing business in China ...as risky as that might be.



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[Paul Maurer 2]

I do not trust the Chinese government- the mindset is profit above all else- even worker health and safety, or the health of those who buy contaminated or toxic products with fake documentation. Over 200 people in South America died last year from falsely labeled cold syrup imported from China. The Chinese have also invited foreign companies to do manufacturing joint ventures, then kicked out the foreign companies after stealing their technology and ideas. China is like America in the early industrial age-profitable for some, but poisonous for many....