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To: Havoc; discostu; Southack
514-discostu - "Grow up."

LOL - Yes, these children will someday find out the consequences of their actions, and unfortunatly, they will be very dire, because of what is happening.

Southack points this out in his post on China:

"Imports are being driven by soaring fixed-asset investment -- which was up 53 percent in the first two months of the year

weaker export growth and a slowdown in foreign investment, one of the main drivers of export growth

Beijing has come under pressure from its trade partners over its surpluses, especially from the United States, which ran a 124 billion dollar trade deficit with China in 2003, rising from 102 billion dollars in 2002.

Washington claims China keeps its currency artificially low to boost the export competitiveness of its companies and has been calling for a yuan revaluation.
473 posted on 04/12/2004 12:47:51 PM CDT by Southack

They are importing our and other high tech equipment to compete against us, with our technology using their cheap labor. Then they will copy our technology, and we won't have either the technology or the labor.

When our wages get to a sub-chinese level, then maybe the free-traitors will understand.





538 posted on 04/12/2004 4:45:33 PM PDT by XBob
[ Post Reply | Private Reply | To 514 | View Replies ]


To: XBob
In the 70s and 80s people made the exact same dire predictions about how Japan was going to take over America. and they were all wrong. Guess what, so are you.
559 posted on 04/13/2004 7:59:57 AM PDT by discostu (Brick urgently required, must be thick and well kept)
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