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To: Paul C. Jesup
Read my posts, please. With all due respect, we hash out these issues in great detail here abouts and the obvious response that an American crash in the long term will kill the Chinese ascendancy will not wash for the simple reason that multinationals are building a global market place and supply chain around the American economy (and, not accidentally, its middle classes. ) Even if there where a ten year depression the same problems with globalism would still obtain. The same thing could be said about China's position in the world. In any event it is hard to see how your scenario would place America in a better position facing China. The contest now moves from the economic to martial, as all squabbles orver markets eventually do.

Also, I posited that America is quickly losing its position as the engine of China's prosperity. What if my assertion is true? So there is a dip in American exports, so what? Do you think that we are the only market in the world? What if this dip happens not 5 years out but 10 years out. What will the balance of trade be then?

33 posted on 03/19/2004 7:27:47 AM PST by CasearianDaoist
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To: CasearianDaoist
So you don't read my posts before repling, how insulting.
35 posted on 03/19/2004 7:29:20 AM PST by Paul C. Jesup (The Motto: 'Live and let live' is a suicidal belief...)
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To: CasearianDaoist
So you don't read my posts before replying, how insulting.
36 posted on 03/19/2004 7:29:43 AM PST by Paul C. Jesup (The Motto: 'Live and let live' is a suicidal belief...)
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