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To: Asclepius
Meanwhile, Asia continues to subsidize the US by providing it below-market-value goods and services--and we're supposed to be the losers? Ask yourselves: is underselling your goods or services a sustainable practice?

You do understand that once dumping (that's what it's called) has cleared out the US competitors, prices will rise. Furthermore, if you think we're ever going to get those factories we're busily shipping to China back, you're kidding yourself. That infrastructure is gone. We don't even have the facilities (on a large scale) to make equipment anymore, most of that is in China too.

If we ever reach a crises with China, we either obey or they can crash our economy: flood the market with dollars and nationalize our factories.

70 posted on 06/08/2005 7:05:12 AM PDT by jb6 ( Free Haggai Sophia! Crusade!)
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To: jb6
You do understand that once dumping (that's what it's called) has cleared out the US competitors, prices will rise. Furthermore, if you think we're ever going to get those factories we're busily shipping to China back, you're kidding yourself. That infrastructure is gone. We don't even have the facilities (on a large scale) to make equipment anymore, most of that is in China too.
Yeahright. That's why we lost world war ii. We simply couldn't build a war time industrial base largely from scratch fast enough. Again, dude, if you're only advantage is price, and they begin to rise again, you lose.
74 posted on 06/08/2005 7:13:06 AM PDT by Asclepius (protectionists would outsource our dignity and prosperity in return for illusory job security)
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To: jb6
You do understand that once dumping (that's what it's called) has cleared out the US competitors, prices will rise.

Not sustainable - the competitors would then start to come back.

292 posted on 06/08/2005 10:51:35 PM PDT by Republican Wildcat
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