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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)
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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.

7 posted on 12/28/2003 7:24:35 AM PST by waterstraat
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