[NRG1973]

Sooner or later though, their artificial prices will bite them in the arse.

Why??? They sell a lot of manufactured to the USA. If oil gets too expensive for them they will simply increase the price of the goods they sell us. It will hurt us a whole lot sooner and hurt us a whole lot more than it does them.

[Zhang Fei]

Why??? They sell a lot of manufactured to the USA. If oil gets too expensive for them they will simply increase the price of the goods they sell us.

In a world with just two countries, that would work. In reality, they compete with every other country in the world for low end assembly work. Chinese real estate has always been expensive compared to its competitors. Recently, wage inflation has made Chinese labor expensive as well. They can't just raise prices. We open plants there and buy from them because they're cheap. When costs go up or they raise prices, we'll get our stuff elsewhere. You may or may not recall that we used to see a lot of stuff that said Made in Taiwan, Korea, et al during the 80's and the 90's. China is just the latest cheap labor destination.

[familyop]

"They sell a lot of manufactured to the USA. If oil gets too expensive for them they will simply increase the price of the goods they sell us. It will hurt us a whole lot sooner and hurt us a whole lot more than it does them."

Freight fuel is going up, too, which will eventually make most Chinese products too expensive to compete with US-manufactured products. :-) But yes. Learning an important lesson can be painful for vain folks.

It appears that our "recession" plan didn't work. Oil is still up. The dollar is still down. And in the great global economy as establish by our superiors to punish us Americans, the dollar should eventually equalize with communist slave currencies.