Interesting take, but I don’t buy it. For his scenario to affect the US, as the price of Chinese goods increased, US demand for them would have to remain the same.
It wouldn’t.
12 posted on 03/15/2009 8:06:59 PM PDT by A.Hun
(Common sense is no longer common.)
It would be nice to have a manufacturing revival in the US.
16 posted on 03/15/2009 8:10:49 PM PDT by Hoosier-Daddy
("It does no good to be a super power if you have to worry what the neighbors think." BuffaloJack)