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China June trade surplus swells five-fold
Reuters ^ | Reuters

Posted on 07/11/2005 7:27:02 AM PDT by jpsb

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To: Alberta's Child
how many families in 1970 sent their high school age kids to Aruba for a class trip?

Families had more sense back then. Our kids went to Florida ("Where the Boys Are") prior to 1970, and where they safely came back.

http://www.imdb.com/title/tt0054469/

181 posted on 07/11/2005 1:49:42 PM PDT by SandyB
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To: Modernman

China is already out producing the US in shipbuilding 3 or 4 to one. In ten/fifteen years or so, their Navy will be larger then ours. 300 ships vrs less then 200 US ships.

Perhaps. Again, so what? What will be the quality level of those ships? China has a long way to go before it has a credible blue water navy.

Well, if you look at power per platform, they only have to get lucky once to significantly reduce the opposition's power. Think back to the Korean War human wave attacks...

182 posted on 07/11/2005 1:51:46 PM PDT by Kretek (WPPFF)
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To: HamiltonJay
How much rolled steel did the US produce in 2004 compared to 1974?

And how much silicon, plastic, composite materials, etc. did the U.S. produce in 2004 compared to 1974? There are more cars manufactured in the U.S. today than in 1974, and yet we use less steel for cars than ever before. You think maybe that has something to do with the decline in steel production?

183 posted on 07/11/2005 1:53:19 PM PDT by Alberta's Child (I ain't got a dime, but what I got is mine. I ain't rich, but Lord I'm free.)
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To: Modernman
but use wholly Chinese created phased array radar components housed in a non-rotating dome, providing 360 degree coverage.

Which they couldn't have done without our helping build their military/industrial infrastructure.

Missile Technology Plant Moved to China (JDAM smart-bombs)
`Dual-use' exports highlight tension within U.S.-China trade policy

184 posted on 07/11/2005 1:53:25 PM PDT by Willie Green (Some people march to a different drummer - and some people polka)
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To: SandyB
What? What do we produce? What "Made in USA" products do you buy?

My car was made in Kentucky and my wife's car was made in North Carolina, just to give you two examples.

(We know all the people of foreign countries are not buying anything "made in USA" because of our HUGE!! trade deficit)

Only about 10% of our economy is based on exports. The vast majority of all the goods and services produced in the USA are for domestic consumption. The reason we have such a huge trade deficit is because this country produces so much wealth. We can afford to buy a lot of things on the international market.

185 posted on 07/11/2005 1:53:27 PM PDT by Modernman ("Laws are like sausages, it is better not to see them being made." -Bismarck)
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To: Realism
True, but we still lose our right leg if they take all the manufacturing. And they will eventually start to figure out the corporate world and develop their own companies.

Also, with our major co's such as GM being so heavily involved with, and therefore influenced by China, decisions regarding trade and diplomacy will become increasingly difficult. It will not be long before GM and other large corps are selling more products in China and loyalties become cloudy.
186 posted on 07/11/2005 1:53:50 PM PDT by Andrewksu
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To: Realism
All your graphs and charts must be upside down. Yours look bad.......

LOL!!!

Ya think? Only wish it were true...

187 posted on 07/11/2005 1:55:33 PM PDT by Paul Ross (George Patton: "I hate to have to fight for the same ground twice.")
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To: HamiltonJay
A service industry job only creates 1.6 addional support jobs ... whereas a manufacturing job creates 3.5 jobs for every direct job.

This is another totally irrelevant statistic, since U.S. employment is classified by economic sector and not by job function. An accountant who works for General Motors is considered a "manufacturing employee," but if General Motors hires an outside firm to do their accounting he would suddenly be considered a "service employee." Does anyone really believe that an accountant for General Motors generates 3.5 other jobs, while an accountant for KPMG only generates 1.6?

188 posted on 07/11/2005 1:56:59 PM PDT by Alberta's Child (I ain't got a dime, but what I got is mine. I ain't rich, but Lord I'm free.)
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To: Modernman
You don't fight fair, what with all those facts you throw around....

LOL --thanks, you made my day.  It's good to know that there's at least two of us that are happy enough with reality that we don't have to live in one we made up.

189 posted on 07/11/2005 1:59:19 PM PDT by expat_panama
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To: Modernman
"We can afford to buy a lot of things on the international market."

LOL! Dream on! The bill is being pay by Chicoms buying one American industry after another (shipping the tools and techs to China of course) and paying with dollars earned at Wal-marts.

190 posted on 07/11/2005 2:03:10 PM PDT by jpsb (I already know I am a terrible speller)
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To: Paul Ross
U.S. consumers are blissfully unaware of the lack of intellectual property integrity behind those labels.

That's right. And you would think that China of all places would be well aware that their brand names will be utterly worthless, too -- for all the same reasons that competing brand names became worthless when the Chinese ripped them off. All they can offer right now is a pool of cheap labor and a legal/regulatory environment where patents and copyrights are worthless. Sh!t -- I think that description would apply to about 95% of the world today.

191 posted on 07/11/2005 2:03:42 PM PDT by Alberta's Child (I ain't got a dime, but what I got is mine. I ain't rich, but Lord I'm free.)
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To: Willie Green; Toddsterpatriot
Free Traitors...

Is there some way I can get back on your 'ignore list'?

192 posted on 07/11/2005 2:04:42 PM PDT by expat_panama
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To: expat_panama
It's good to know that there's at least two of us that are happy enough with reality that we don't have to live in one we made up.

Considering the vast amount of wealth that Americans create every year and the unemployment rate we have (a rate that the average European leader would literally kill for), it takes a true pessimist to conclude that the American economy is in trouble.

193 posted on 07/11/2005 2:05:00 PM PDT by Modernman ("Laws are like sausages, it is better not to see them being made." -Bismarck)
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To: jpsb
LOL! Dream on! The bill is being pay by Chicoms buying one American industry after another (shipping the tools and techs to China of course) and paying with dollars earned at Wal-marts.

Wait, I'm confused. Are you saying that the Chinese are paying for all of the goods they are supposedly importing into this country? That's great news!

194 posted on 07/11/2005 2:06:38 PM PDT by Modernman ("Laws are like sausages, it is better not to see them being made." -Bismarck)
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To: Modernman
" Wait, I'm confused."

I already knew that, and I don't think there is any unconfusing you, well maybe when the Chicoms kill your friends and your family with weapons bought and paid for by US consummers then maybe you might get a clue.

195 posted on 07/11/2005 2:10:01 PM PDT by jpsb (I already know I am a terrible speller)
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To: Modernman

Quote: Do you expect the next war to be anything like WWII? Will we need millions of Americans under arms for a gigantic land war? What, if anything, did our giant industrial capacity have to do with our victory in Iraq?



Actualy the second Iraq war was postponed because we did not have enough cruise missles because they were depleted in kosovo and never built back up in sufficent numbers.

Also who knows who our enemy of the future may be. It may not even be china. It could be Russia and India. No one knows the tide of relationships in the future and what may set off conflict.

What was the famous sayinfg after WWI "That was the war to end all wars"?

BTW: The pentagon has computer war games pitting the US against Britain.


196 posted on 07/11/2005 2:13:49 PM PDT by superiorslots (Free Traitors are communist China's modern day "Useful Idiots")
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To: Andrewksu
That reminds me of a fascinating discussion on television during the coverage of the Winter Olympics back in the 1992. The two leading contenders for the gold medal in women's figure skating were from the U.S. and Japan, and one of the anouncers asked the other (the other one may have been a former skater) what he thought about the threat that the Japanese figure skating program presented to the U.S. dominance of the sport.

"I don't think the Japanese are much of a threat at all," the other guy said, "because I think our Japanese athletes will always be better than their Japanese athletes."

As it turns out, he was absolutely right. Japanese-American Kristi Yamaguchi won the gold medal, and "their" Japanese (Midori Ito) won the silver.

197 posted on 07/11/2005 2:15:46 PM PDT by Alberta's Child (I ain't got a dime, but what I got is mine. I ain't rich, but Lord I'm free.)
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To: Realism

Quote: Your post assumes that the competition is between U.S. corporations and Chinese corporations. It is not, it is between outsourced U.S. manufacturing and domestic U.S. manufacturing. Domestic Chinese manufacturers are no competition for U.S. companies, at least not yet, they're learning quickly, from us

Bingo
This bears repeating. Not heard too much on FR.


198 posted on 07/11/2005 2:18:36 PM PDT by superiorslots (Free Traitors are communist China's modern day "Useful Idiots")
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To: Alberta's Child
...people always have to sell their products or services to other people who have a higher standard of living...

You're right, but you might want to chuck that word "always".   

The main reason that it's easier to sell stuff to rich people than to poor people is that the rich have more money.   But even though individually the poor have less money, there's so many of those poor people that they can make up a pretty big market.

Better still is how these markets develop over time.  One of the projects I'm working with down here is a computer school wwwayyyyy out in the outback.  No roads no electricity-- they run the computers on solar panels.  I figure that in another generation or so they'll be a very welcome addition to the world of commerce.

199 posted on 07/11/2005 2:19:10 PM PDT by expat_panama
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To: HamiltonJay
We depleted stockpiles of just high tech weapons against an inferior force in the early days of IRAQ and AFGHANISTAN... When a direct conflict could be destroying 100s of planes or tanks a day, we could not currently produce them fast enough to replace the losses simply because we don't have the infrastructure left to do it..

They won't have any infrastructure either with most of it drifting in the stratosphere.
China is a different class from Iraq.
Nobody is going to fight mass tank battles with China unless maybe it's Russia.
200 posted on 07/11/2005 2:21:52 PM PDT by UnbelievingScumOnTheOtherSide (Give Them Liberty Or Give Them Death! - Islam Delenda Est! - Rumble thee forth...)
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