[Last Dakotan]

Oh yeah, the Asians are afraid that we'll suddenly start creating jobs. Good one.

So you don't believe the major Asian economies are actively participating in America's de-industrialization to their own benefit?

[Jaysun]

So you don't believe the major Asian economies are actively participating in America's de-industrialization to their own benefit?

Not to but in, but China and Japan have been manipulating their currency to keep it low in relation to the dollar. That way their trinkets and fireworks will be even cheaper when they hit American soil. A lower currency in Asia also makes for even lower wages compared to the dollar, and they've used that to help draw in jobs. President Bush met with them last October. Both said "no" to his proposal that they just let the market determine the currency values.

[arete]

So you don't believe the major Asian economies are actively participating in America's de-industrialization to their own benefit?

Of course I do, but I also believe that they are in the drivers seat and they know it. I don't think that they the least worried.

Richard W.