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To: Cringing Negativism Network

If pushed to that kind of fate, it will end up with money worth next to nothing and will have to either scrape by domestically or starve.


13 posted on 06/22/2014 6:13:52 PM PDT by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: HiTech RedNeck

Who are you referring to?

China? Or America?

China is a manufacturing giant. Second only to America, and rapidly advancing toward the lead.

We run a (massive) budget deficit. We are currently something like 17.5 trillion in debt, and that is rapidly growing.

We import so much, much of it from China. We import something like 440 billion from China in a year, yet we only export something like 122 billion back to China.

So every single year, we ship what, 318 billion more dollars to China.

And neither party, says a single word.


15 posted on 06/22/2014 6:18:20 PM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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