Okay, I'll bite. I believe the largest corporation on the planet at the moment is Exxon/Mobil. I could be wrong about that, as I'm going from memory, and not doing any research on the fly.
Given that Exxon/Mobil is an American corporation, I would answer your question by saying that the largest corporations in the world are American based. However, I fail to see the relevance. Many other large multi-nationals are not American based. There are huge corporations that are based in Japan, Britain, Germany, etcetera, etcetera.
It really doesn't matter where the large corporations are based. If the large corporations are setting up shop in countries like China and India, they are driving China and India's economy through construction, which requires significant investment and labour, and through manpower required to operate the Chinese and Indian factories. These are factories that are not being built in America. These are factories that are not being staffed by Americans.
So the question becomes thus: Why are these corporations setting up shop in countries like China and India?
The answer is simple: It's cheaper. If the big American corporations can build a new factory in China, hire Chinese workers to produce their goods, and ship their foreign made products back to the USA at a profit -- a profit significantly greater than that of goods produced in the USA, they're not going to pull out of China.
Next question: Who controls government?
Answer: Corporations!
It's impossible to cripple China's economy at this stage in the game. China is becoming a country with a huge untapped consumer market. WalMart knows it... You should to!
The USA cannot unilaterally cripple China's economy. America is a tractor/trailer... China is a freight train. If they go head to head, the USA will lose.
But please explain your theory to me. I'm dying for a good laugh. :lol:
Given that Exxon/Mobil is an American corporation, I would answer your question by saying that the largest corporations in the world are American based. However, I fail to see the relevance. Many other large multi-nationals are not American based. There are huge corporations that are based in Japan, Britain, Germany, etcetera, etcetera.
It really doesn't matter where the large corporations are based. If the large corporations are setting up shop in countries like China and India, they are driving China and India's economy through construction, which requires significant investment and labour, and through manpower required to operate the Chinese and Indian factories. These are factories that are not being built in America. These are factories that are not being staffed by Americans.
So the question becomes thus: Why are these corporations setting up shop in countries like China and India?
The answer is simple: It's cheaper. If the big American corporations can build a new factory in China, hire Chinese workers to produce their goods, and ship their foreign made products back to the USA at a profit -- a profit significantly greater than that of goods produced in the USA, they're not going to pull out of China.
Next question: Who controls government?
Answer: Corporations!
It's impossible to cripple China's economy at this stage in the game. China is becoming a country with a huge untapped consumer market. WalMart knows it... You should to!
The USA cannot unilaterally cripple China's economy. America is a tractor/trailer... China is a freight train. If they go head to head, the USA will lose.
But please explain your theory to me. I'm dying for a good laugh. :lol: