11.04.2008

Chinese factories closing by the tens of thousands

via Cryptogon

This story uses the phrase, “Government statistics.” Not just any government’s statistics, but China’s government statistics! HA.

Anyway, here’s some of the follow-on effects of Joe and Jane Six Pack not being able to use their house as an ATM anymore.

Via: Los Angeles Times:

Financially troubled plants are being abandoned by the boss, leaving behind unpaid workers and debts.

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