2006-07-03 03:54:38 · 4 answers · asked by Joshua B 1 in Politics & Government ➔ Other - Politics & Government
The American "globalization" of third world countries will eventually back fire on the US. Technology transfer from US to other countries has caused the demise of the production of US made goods. Everything now is made in China,Taiwan , Vietnam' Thailand, Malaysia, Philippines, Bangladesh, India and others. The US car industry is in shambles and being bought out by Japanese investors and other consortiums. The US economy is not what it seems, the media has been painting a rosy picture which is far from the truth. The US borrows money now to keep its economy uploat. Globalization hurts America in the end.
2006-07-03 04:21:54 · answer #1 · answered by tazaharra 3 · 0⤊ 1⤋
It hurts them. Read Thomas Friedman's "The World is Flat" for more information.
2006-07-03 10:57:46 · answer #2 · answered by Anonymous · 0⤊ 0⤋
globalization is making the world more mediocre...too much corruption and power seizing at any cost hurts the 3rd world ....
2006-07-03 11:00:13 · answer #3 · answered by badjanssen 5 · 0⤊ 0⤋
Hurts them - adds WALMARTS AND WALGREENS AND MACDONALDS. HOW CAN THAT HELP BUT HURT.
2006-07-03 11:10:14 · answer #4 · answered by Lou 6 · 0⤊ 0⤋