Don't forget China, the EU is flooded with cheap chinese goods these
days - I was watching a program recently in which Raleigh Cycles
(which is about as british a company as you can get) were explaining
that they no longer manufacture anything in the UK. A Cycle which
would cost £200+ to build here can be produced for a third of that in
China.

Globalisation is a double edged sword, it's great for company profits,
but destroys home grown industry.

On 2/15/06, dana tierney <[EMAIL PROTECTED]> wrote:
> they shouldn't be competing on cost anyway. Not when Mexico is already in the 
> picture.
>
> >Which brings us to why US companies shouldn't be forced to provide
> >health care.  If they try to compete with a UK company where health
> >care is provided by the tax payer, they will always lose on costs.
>
> 

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