Not So Much Gold in China's Scrap
Here's a postcard I wrote about the problems recyclers in Beijing are facing due to the falling value of scrap metal, paper, plastic and so on. When I ask the junk men in my neighborhood how business is these days, they all complain about low prices and the blame the U.S. financial crisis. Yet another unexpected repercussion of globalization.
-
1
Looks everyone in China knows the US financial crisis. But due to their busy daily work, those recyclers may be just taking the view of the media. And no mater how sad they are, they never go so far to think about how to let the US to pay the bill for them, so they are not so smart as the US who is trying to spread the “wealth” to the world. They just take what their loss as it is and try to make up with harder work.
- TIME See why yesterday's health care vote was a historic moment | http://su.pr/9c069Y - 45 minutes ago
- TIME Alice in Wonderland rules again at the box office | http://su.pr/2ARI4D - 15 hours ago
- TIME Watch the Techland show | http://su.pr/17EZdB - 17 hours ago
Most Popular »
- The Worst of Conservative Talk Radio
- Health Care: A Historic Win for Obama
- Text of White House Executive Order on Abortion
- Health Care: What Does the Senate Bill Mean to You?
- KY Sen Poll: Paul Seizes Primary, General Leads
- For Real This Time--Stupak's an Aye
- Health Care Liveblog
- 2012 Poll: PPP (D) Finds Romney Leading In Close GOP Primary
- Closing Arguments
- Details of Obama's Health Care Plan
- Making History: House Passes Health Care Reform
- The Fatal Flaw of Obamacare
- Health-Care Clincher: The Importance Of Being Stupak
- Catholic Europe: How Damaged is the Papacy?
- The Trouble with Sinai: Egypt's "Mexico" Problem
- Can Republicans Succeed By Running Against Health Reform?
- How Dems Got the Score They Wanted on Health Reform
- In Morocco, a Crackdown on Christian Aid Workers
- Walmart, Suffering a Rare Slump, Fights Back on Prices
- Getting Her Way: Pelosi's Powers of Persuasion
Quotes of the Day »
RSS