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Thread: New economic order will emerge?

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[quote=CHERI,270917]I think it is a nature trend for economic development. You know, UK had ever been a great economic country in 19 century. But for several decade years late, it was depressing for expensive labor force, higher tax, unadvanced machines ect. All the businessemen like to spend  lower cost to earn maximum profit. The work force of US is more expensive than developing countries, like China, India, also its very perfect environment protection system, limiting the manufacturer's action. I heard of Credit card companies are very popular in US, a lot of people own several credit cards and can loan easily, in order to meet their debts, people use credit card's game to meet their balance. I think that can make people lazy.If all the people living depending on loan can lead to financial crisis, for currency is devalued. i don't understand lots of economics, from view of point of a normal woman, i think if people can get money easily (borrow), they will not like to work hard. However this is not good to economic develop.[/quote]

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