[familyop]

"A little levity is not lost on the stalwart."

Thank you. I've tried to learn a little about Chinese perspectives. That's a tough problem in the South China Sea. There are tremendous amounts of oil and natural gas under the Spratly Islands, you know. Watch the situation with Vietnam, The Philippines, Malaysia,...

As for the Chinese economy, it's not about what Chinese can buy with a dollar. It's about what China can buy. Hardware there is cheap, and some of it is getting fancier, tougher and certainly plentiful. The economy there shouldn't be measured by our government/service economy standards, IMO.

With what's going on here and there around the world, we need less pride and much more diverse and decentralized technical/mechanical production, IMO. After older western morality, ingenuity without the foreign regard for class was one of our greatest strengths against communism/fascism. We Americans (at least some of us) need to dump a whole lot of anti-competition regulations and romantic immoralities at every level of government and business and learn how to get along with each other again.

[bruinbirdman]

" We Americans (at least some of us) need to dump a whole lot of anti-competition regulations . . ."

Especially when U.S.A. is competing with entire countries who know no profit motive. Not just Communist China. Korea, Japan, Russia. France and Germany to name a couple of others would subsidize and nationalize for employment and distribution purposes.

So does The Kenyan. Heck, he already has in auto and health industries.

It's a jungle out there. Too much capacity for too few customers.

yitbos