NFL Beach Towels a Sign of the Time
China, China, China – what’s the big deal?
Why is every person going on and on about China constantly?
Okay, so they own billions (or is that trillions) in American securities, currency, whatever.
And they make lotsa stuff.
Like NFL beach towels and stuff.
Yeah.
Okay.
It’s not like most people desire to work on an assembly line anyways, making trinkets and curios for Walmart.
But whatever.
Okay, so it’s not simply NFL beach towels that they make.
It’s that they are also climbing up the food chain, making stuff that’s a lot more high-value, such that good-paying jobs may be the next to go.
They’re hardly making textiles any more – notice that many of the clothing nowadays come from even more amazing locales – like Indonesia and Sri Lanka?
In fact, to be fair, it isn’t NFL beach towels that anyone’s upset over.
It’s the fear that aircraft manufacturing may be next!
Already the Chinese government is on record as gunning for leadership in green energy products for example wind mills and solar panels, and already they are well on their way towards dominating those industries.
But does it have to be a zero-sum game?
Does China’s rise equate to everyone else’s loss?
Put another way, are they simply gobbling up ever more slices of the pie – or could Chinese ascendancy grow that pie for everyone worried?
Well, speaking of the NFL, it’s interesting to compare and contrast that sporting league’s business decisions with the ones from the NBA.
Basketball keeps growing in popularity over there while years ago a planned exhibition game of American football was canceled practically at the last minute.
If this serves as any indication, it may be that being engaged surpasses staying on the sidelines!