To: waterstraat
"Free Trade" does not cause economic booms.
Demand causes booms, unless every textbook on the topic is dead-wrong.
Demand is generated by two things: population (that is, the number of people) and available cash.
Since US factory workers will soon have no cash, the recession which your post seems to ignore (that's 2000-present in the manufacturing sector) will continue and get worse.
5 posted on
12/28/2003 7:03:30 AM PST by
ninenot
(So many cats, so few recipes)
To: ninenot
The asian world is in the biggest economic boom in the history of the world. Make no mistake about it. You are also witnessing the greatest power shift(from america/europe to asia) in the history of the world.
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