[formosaplastics]

Most of all, the writer fears what China will become if its economy fails more than what China will become if its economy succeeds. If it fails, then China will become the next Nazi Germany, the writer is basically saying. To avoid this outcome, therefore, Americans should do all they can to support China's economy by continuing to shop this Christmas at Best Buy, Bed Bath & Beyond, Wal-Mart, Kohl's, etc. Exports helped Japan, S. Korea, Taiwan, etc. all get rich, but their wages are all too high now to make cheap goods for American consumers so China naturally has taken their place. The danger lies in China's economy failing, not succeeding, according to this article.

[TigerLikesRooster]

Re #44

The fixation on China borders on mania seen in recent stock markets. Now some see the serious downside of Chinese economy. For a while, China has been where multinationals can realize all their dreams, at least in their rather rosy view. The prime example of the benefit of globalization. Now they are coming from their fantasy slowly.

The twin fantasies of rocketing Chinese economy and never-ending bull market fed on each other for several years.